The Morals of Monopoly and Competition (Classic Reprint) - Couverture souple

Homer Blosser Reed

 
9781330049914: The Morals of Monopoly and Competition (Classic Reprint)

Synopsis

This book delves into the evolution of business practices and ethics from individual bargaining to public service. The author analyzes how the ethics of competition led to a monopoly of the railroads, and the subsequent legal struggle to establish a principle for determining fair railroad rates. It provides a detailed account of the Standard Oil Company's use of rebates and other unethical practices to gain a monopoly in the oil industry. The book also examines the broader historical context and thematic depth of these business practices and their relevance to modern society. Through a critical analysis of court decisions and economic theories, this book offers valuable insights into the changing landscape of business ethics and the role of government oversight in regulating big business, making it a valuable resource for understanding the ongoing evolution of business practices and their impact on society.

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