Industrial Combination explains the definition, scope, and effects of large-scale organization in industry. It surveys how a “representative firm” can coordinate multiple operations to influence prices, supply, and competition, while distinguishing between actions within firms and structures that span many companies. The book also considers how different forms—such as trusts and cartels—relate to policy, labor, and national economies.

What you’ll experience:

Clear explanations of how competition and cooperation interact in modern markets.
Discussion of factors that enable or hinder industrial combinations, including risk, efficiency, and capital.
Analysis of the role of tariffs, localization of supply, and regulatory considerations.
Historical context on trusts, cartels, and their impact on trade and policy.

Ideal for readers of economic history and business strategy who want a grounded view of how large industrial organizations operate and evolve.

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