David Gerber
- Published in print:
- 2010
- Published Online:
- May 2010
- ISBN:
- 9780199228225
- eISBN:
- 9780191711350
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199228225.001.0001
- Subject:
- Law, Competition Law
This book examines the relationship between law and economic globalization. It focuses on national and international efforts to protect the competitive process, exploring the critically important ...
More
This book examines the relationship between law and economic globalization. It focuses on national and international efforts to protect the competitive process, exploring the critically important relationships between those two domains and the way the resulting system shapes economic activity in all parts of the world. The laws, institutions, and principles of the international domain increasingly influence national competition law development, and national competition law experience provides both the lenses through which decision makers view transnational competition issues and the incentive structures that generate their competition law decisions. The analysis examines the ideas, institutions, and people that provide the legal framework for global competition; how they evolved, how they operate today, and the forces that are likely to influence their future development. US anti-trust experience has long been at the center of this global governance picture, but European competition law experience is also rich, varied, and potentially of great value for future competition law development. China, Japan, Korea, and newer players in Latin America and Africa will also play a key role in this future, and the analysis pays close attention to them as well. On the basis of this analysis, the book analyzes current global competition law proposals and outlines a strategy that utilizes these discussions, but more specifically addresses global economic development needs. This strategy may be developed within the institutional framework of the WTO, but it may also be pursued independently.Less
This book examines the relationship between law and economic globalization. It focuses on national and international efforts to protect the competitive process, exploring the critically important relationships between those two domains and the way the resulting system shapes economic activity in all parts of the world. The laws, institutions, and principles of the international domain increasingly influence national competition law development, and national competition law experience provides both the lenses through which decision makers view transnational competition issues and the incentive structures that generate their competition law decisions. The analysis examines the ideas, institutions, and people that provide the legal framework for global competition; how they evolved, how they operate today, and the forces that are likely to influence their future development. US anti-trust experience has long been at the center of this global governance picture, but European competition law experience is also rich, varied, and potentially of great value for future competition law development. China, Japan, Korea, and newer players in Latin America and Africa will also play a key role in this future, and the analysis pays close attention to them as well. On the basis of this analysis, the book analyzes current global competition law proposals and outlines a strategy that utilizes these discussions, but more specifically addresses global economic development needs. This strategy may be developed within the institutional framework of the WTO, but it may also be pursued independently.
David J. Gerber
- Published in print:
- 2010
- Published Online:
- May 2010
- ISBN:
- 9780199228225
- eISBN:
- 9780191711350
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199228225.003.0005
- Subject:
- Law, Competition Law
This chapter explores US anti-trust law experience and its influence on thought, expectations, and interpretations of competition law around the world. US anti-trust law has been at the center of ...
More
This chapter explores US anti-trust law experience and its influence on thought, expectations, and interpretations of competition law around the world. US anti-trust law has been at the center of competition law development since the end of World War II, and it continues to play the central role in global competition law development. In particular, the centrality of neo-classical economics in US anti-trust law is a controversial and critically important issue for many. Countries everywhere have looked to US law in shaping their own competition law decisions. Moreover, it is the lens through which US officials, scholars, and practitioners have viewed competition law in other countries and on the global level, and this further enhances the need for others and for the US anti-trust community to understand that lens and its influence.Less
This chapter explores US anti-trust law experience and its influence on thought, expectations, and interpretations of competition law around the world. US anti-trust law has been at the center of competition law development since the end of World War II, and it continues to play the central role in global competition law development. In particular, the centrality of neo-classical economics in US anti-trust law is a controversial and critically important issue for many. Countries everywhere have looked to US law in shaping their own competition law decisions. Moreover, it is the lens through which US officials, scholars, and practitioners have viewed competition law in other countries and on the global level, and this further enhances the need for others and for the US anti-trust community to understand that lens and its influence.
Gary Herrigel
- Published in print:
- 2010
- Published Online:
- September 2010
- ISBN:
- 9780199557738
- eISBN:
- 9780191720871
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199557738.003.0002
- Subject:
- Business and Management, Political Economy
The chapter analyzes the interaction of American Military Occupying authorities in Germany and Japan with indigenous stakeholders in the steel industry. German and Japanese steel industries are ...
More
The chapter analyzes the interaction of American Military Occupying authorities in Germany and Japan with indigenous stakeholders in the steel industry. German and Japanese steel industries are radically recomposed through processes of creative reflection and interaction among all the playersLess
The chapter analyzes the interaction of American Military Occupying authorities in Germany and Japan with indigenous stakeholders in the steel industry. German and Japanese steel industries are radically recomposed through processes of creative reflection and interaction among all the players
Gary Herrigel
- Published in print:
- 2010
- Published Online:
- September 2010
- ISBN:
- 9780199557738
- eISBN:
- 9780191720871
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199557738.003.0003
- Subject:
- Business and Management, Political Economy
The chapter outlines the extensive mechanisms of coordination that governed the steel industry in the US, Germany and Japan between 1950-1974. All three industries shared a propensity for ...
More
The chapter outlines the extensive mechanisms of coordination that governed the steel industry in the US, Germany and Japan between 1950-1974. All three industries shared a propensity for coordination over market mechanisms in industry governance, though they utilized different forms of coordination. The chapter debunks the Varieties of Capitalism idea that industry in the US is primarily organized by firms and arms length market relations. All three cases are examples of coordinated capitalism. But they coordinate in different ways.Less
The chapter outlines the extensive mechanisms of coordination that governed the steel industry in the US, Germany and Japan between 1950-1974. All three industries shared a propensity for coordination over market mechanisms in industry governance, though they utilized different forms of coordination. The chapter debunks the Varieties of Capitalism idea that industry in the US is primarily organized by firms and arms length market relations. All three cases are examples of coordinated capitalism. But they coordinate in different ways.
Gary Herrigel
- Published in print:
- 2010
- Published Online:
- September 2010
- ISBN:
- 9780199557738
- eISBN:
- 9780191720871
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199557738.003.0004
- Subject:
- Business and Management, Political Economy
The chapter compares emergence of minimills in Germany, Japan and the US, along with the recomposition of the Integrated Steel Mill sector. Steel production as an industrial activity in each of the ...
More
The chapter compares emergence of minimills in Germany, Japan and the US, along with the recomposition of the Integrated Steel Mill sector. Steel production as an industrial activity in each of the societies, especially in the United States, is radically reconceived, but continues to be successful in each country. Again, in contrast to the claims of Varieties of Capitalism, the American steel industry proves adept at both gradual and radical innovation, as do the German and Japanese industries.Less
The chapter compares emergence of minimills in Germany, Japan and the US, along with the recomposition of the Integrated Steel Mill sector. Steel production as an industrial activity in each of the societies, especially in the United States, is radically reconceived, but continues to be successful in each country. Again, in contrast to the claims of Varieties of Capitalism, the American steel industry proves adept at both gradual and radical innovation, as do the German and Japanese industries.
David J. Teece
- Published in print:
- 2002
- Published Online:
- November 2003
- ISBN:
- 9780198295426
- eISBN:
- 9780191596964
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0198295421.003.0009
- Subject:
- Economics and Finance, Microeconomics
Anti‐trust economics has not sufficiently recognized the nature of competition and innovation in high‐technology industries, the evolution of those industries and the implications for public policy. ...
More
Anti‐trust economics has not sufficiently recognized the nature of competition and innovation in high‐technology industries, the evolution of those industries and the implications for public policy. This chapter presents some conceptual frameworks and methods for understanding, in particular, issues of monopoly and monopolization. Understanding issues such as the nature of technological change, competition, barriers to entry, and market power are important for anti‐trust policy. Without understanding the limitations of the existing analytical tools for analysing the economics of innovation, antitrust agencies may harm competition in high‐tech industries.Less
Anti‐trust economics has not sufficiently recognized the nature of competition and innovation in high‐technology industries, the evolution of those industries and the implications for public policy. This chapter presents some conceptual frameworks and methods for understanding, in particular, issues of monopoly and monopolization. Understanding issues such as the nature of technological change, competition, barriers to entry, and market power are important for anti‐trust policy. Without understanding the limitations of the existing analytical tools for analysing the economics of innovation, antitrust agencies may harm competition in high‐tech industries.
Bernard M. Hoekman and Michel M. Kostecki
- Published in print:
- 2001
- Published Online:
- November 2003
- ISBN:
- 9780198294313
- eISBN:
- 9780191596445
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/019829431X.003.0014
- Subject:
- Economics and Finance, International
The general issue of dealing with ’behind the border’ regulation is discussed in the WTO (World Trade Organization) context, and an introduction provided to the main issues that are likely to be ...
More
The general issue of dealing with ’behind the border’ regulation is discussed in the WTO (World Trade Organization) context, and an introduction provided to the main issues that are likely to be prominent on the multilateral negotiating agenda in the coming decade. A key question is to identify the rationale for––and objectives behind––proposals to address a specific issue in the WTO, and determine what type of cooperation is appropriate, if any. Various issues that are likely to be on the negotiating agenda for some time to come, including competition (anti‐trust) policy, labour standards, trade facilitation, and investment and environmental policies, are discussed. The sections of the chapter are as follows: Contestability of markets as a criterion; Foreign direct investment policies; Competition law; Trade facilitation; Environmental policies; Social policies and labour standards; Domestic regulation; and Conclusion.Less
The general issue of dealing with ’behind the border’ regulation is discussed in the WTO (World Trade Organization) context, and an introduction provided to the main issues that are likely to be prominent on the multilateral negotiating agenda in the coming decade. A key question is to identify the rationale for––and objectives behind––proposals to address a specific issue in the WTO, and determine what type of cooperation is appropriate, if any. Various issues that are likely to be on the negotiating agenda for some time to come, including competition (anti‐trust) policy, labour standards, trade facilitation, and investment and environmental policies, are discussed. The sections of the chapter are as follows: Contestability of markets as a criterion; Foreign direct investment policies; Competition law; Trade facilitation; Environmental policies; Social policies and labour standards; Domestic regulation; and Conclusion.
N. Scott Arnold
- Published in print:
- 2009
- Published Online:
- May 2009
- ISBN:
- 9780195374964
- eISBN:
- 9780199871490
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195374964.003.0004
- Subject:
- Philosophy, Political Philosophy
This chapter identifies what is called “the modern liberal regulatory agenda,” which consists of the various regulatory regimes that modern liberals favor and classical liberals oppose. The first ...
More
This chapter identifies what is called “the modern liberal regulatory agenda,” which consists of the various regulatory regimes that modern liberals favor and classical liberals oppose. The first section distinguishes economic from noneconomic regulation. The former includes rate regulation, regulation of entry and exit, anti-trust law, and wage and price controls. It is argued that the traditional disputes between modern liberals and classical liberals about economic regulation have become significantly attenuated over the past few decades, and the disagreements that remain are relatively narrow. By contrast, differences about noneconomic regulation remain profound. For this reason, the modern liberal regulatory agenda, as this chapter defines it, is about noneconomic regulation. That agenda is culled from the discussion in Chapter 3 about classical and modern liberal attitudes about restrictions on property rights. It covers three broad areas: the employment relation, health and safety regulation, and land use regulation.Less
This chapter identifies what is called “the modern liberal regulatory agenda,” which consists of the various regulatory regimes that modern liberals favor and classical liberals oppose. The first section distinguishes economic from noneconomic regulation. The former includes rate regulation, regulation of entry and exit, anti-trust law, and wage and price controls. It is argued that the traditional disputes between modern liberals and classical liberals about economic regulation have become significantly attenuated over the past few decades, and the disagreements that remain are relatively narrow. By contrast, differences about noneconomic regulation remain profound. For this reason, the modern liberal regulatory agenda, as this chapter defines it, is about noneconomic regulation. That agenda is culled from the discussion in Chapter 3 about classical and modern liberal attitudes about restrictions on property rights. It covers three broad areas: the employment relation, health and safety regulation, and land use regulation.
Thomas Cottier, Joost Pauwelyn, and Elisabeth Bürgi (eds)
- Published in print:
- 2005
- Published Online:
- March 2012
- ISBN:
- 9780199285822
- eISBN:
- 9780191700378
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199285822.001.0001
- Subject:
- Law, Public International Law
Economic globalization and respect for human rights are both highly topical issues. In theory, more trade should increase economic welfare and protection of human rights should ensure individual ...
More
Economic globalization and respect for human rights are both highly topical issues. In theory, more trade should increase economic welfare and protection of human rights should ensure individual dignity. However tension has arisen between these two areas. Does the World Trade Organization prevent countries from providing essential medicines to their people? Is it fair to accord the benefits of trade subject to a clean human rights record? This book examines the theoretical framework of the interaction between the disciplines of international trade law and human rights. The interaction is explored through seven case studies, ranging from freedom of expression and anti-trust rules, to the fight against trade in conflict diamonds and the United Nations' convention on tobacco control.Less
Economic globalization and respect for human rights are both highly topical issues. In theory, more trade should increase economic welfare and protection of human rights should ensure individual dignity. However tension has arisen between these two areas. Does the World Trade Organization prevent countries from providing essential medicines to their people? Is it fair to accord the benefits of trade subject to a clean human rights record? This book examines the theoretical framework of the interaction between the disciplines of international trade law and human rights. The interaction is explored through seven case studies, ranging from freedom of expression and anti-trust rules, to the fight against trade in conflict diamonds and the United Nations' convention on tobacco control.
Terry L. Leap
- Published in print:
- 2011
- Published Online:
- August 2016
- ISBN:
- 9780801449796
- eISBN:
- 9780801460807
- Item type:
- chapter
- Publisher:
- Cornell University Press
- DOI:
- 10.7591/cornell/9780801449796.003.0004
- Subject:
- Sociology, Health, Illness, and Medicine
This chapter examines frauds instigated by major hospitals. A company's fixation on financial performance, especially bottom-line profits and stock market prices, may lead to overcharges, false ...
More
This chapter examines frauds instigated by major hospitals. A company's fixation on financial performance, especially bottom-line profits and stock market prices, may lead to overcharges, false billings, upcoding, and kickbacks as well as accounting and financial fraud. Accounting fraud occurs when accounting documents and journal entries are manipulated to hide the embezzlement or the misappropriation of funds. Accounting fraud also forms the foundation for financial fraud. This chapter considers three cases of health care fraud and abuse involving Tenet Healthcare Corporation, the Hospital Corporation of America, and HealthSouth. It also discusses anti-trust violations that drive up costs and reduce the quality of health care, with particular attention to frauds committed by both large and small health care institutions. The chapter concludes with an analysis of organized crime's involvement in health care fraud.Less
This chapter examines frauds instigated by major hospitals. A company's fixation on financial performance, especially bottom-line profits and stock market prices, may lead to overcharges, false billings, upcoding, and kickbacks as well as accounting and financial fraud. Accounting fraud occurs when accounting documents and journal entries are manipulated to hide the embezzlement or the misappropriation of funds. Accounting fraud also forms the foundation for financial fraud. This chapter considers three cases of health care fraud and abuse involving Tenet Healthcare Corporation, the Hospital Corporation of America, and HealthSouth. It also discusses anti-trust violations that drive up costs and reduce the quality of health care, with particular attention to frauds committed by both large and small health care institutions. The chapter concludes with an analysis of organized crime's involvement in health care fraud.
Terry L. Leap
- Published in print:
- 2011
- Published Online:
- August 2016
- ISBN:
- 9780801449796
- eISBN:
- 9780801460807
- Item type:
- chapter
- Publisher:
- Cornell University Press
- DOI:
- 10.7591/cornell/9780801449796.003.0005
- Subject:
- Sociology, Health, Illness, and Medicine
This chapter examines frauds instigated by pharmaceutical companies as well as the medical supply and equipment industry. It first considers how large-scale frauds occur in the pricing, marketing, ...
More
This chapter examines frauds instigated by pharmaceutical companies as well as the medical supply and equipment industry. It first considers how large-scale frauds occur in the pricing, marketing, and distribution of prescription drugs. It then analyzes various forms of pharmaceutical fraud, such as switching drug prescriptions to exploit Medicaid reimbursement rules. It also looks at pharmaceutical frauds committed by TAP Pharmaceutical Products, Serono, Purdue Frederick Company and Purdue Pharma, and Schering-Plough Corporation; how fraud may arise from physicians' consulting relationships with pharmaceutical and medical equipment manufacturers; and anti-trust violations in the pharmaceutical and medical equipment industries. Finally, it discusses the high costs involved in health care fraud settlements and prosecutions.Less
This chapter examines frauds instigated by pharmaceutical companies as well as the medical supply and equipment industry. It first considers how large-scale frauds occur in the pricing, marketing, and distribution of prescription drugs. It then analyzes various forms of pharmaceutical fraud, such as switching drug prescriptions to exploit Medicaid reimbursement rules. It also looks at pharmaceutical frauds committed by TAP Pharmaceutical Products, Serono, Purdue Frederick Company and Purdue Pharma, and Schering-Plough Corporation; how fraud may arise from physicians' consulting relationships with pharmaceutical and medical equipment manufacturers; and anti-trust violations in the pharmaceutical and medical equipment industries. Finally, it discusses the high costs involved in health care fraud settlements and prosecutions.
Maurizio Borghi and Stavroula Karapapa
- Published in print:
- 2013
- Published Online:
- May 2013
- ISBN:
- 9780199664559
- eISBN:
- 9780191758409
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199664559.003.0005
- Subject:
- Law, Intellectual Property, IT, and Media Law
Companies and institutional users who have invested in digitizing copyright works — and have made a continuous and uninterrupted use of them — may have an interest in continuing with this use, even ...
More
Companies and institutional users who have invested in digitizing copyright works — and have made a continuous and uninterrupted use of them — may have an interest in continuing with this use, even after the rightholder has appeared to oppose to it. Such digital monopolies may be created through prolonged use, by law or by contract. However, they may be defeated through principles that are external to copyright, such as antitrust and competition law.Less
Companies and institutional users who have invested in digitizing copyright works — and have made a continuous and uninterrupted use of them — may have an interest in continuing with this use, even after the rightholder has appeared to oppose to it. Such digital monopolies may be created through prolonged use, by law or by contract. However, they may be defeated through principles that are external to copyright, such as antitrust and competition law.
Max Alvarez
- Published in print:
- 2014
- Published Online:
- May 2014
- ISBN:
- 9781617039249
- eISBN:
- 9781626740051
- Item type:
- chapter
- Publisher:
- University Press of Mississippi
- DOI:
- 10.14325/mississippi/9781617039249.003.0019
- Subject:
- Film, Television and Radio, Film
The final chapter provides an overview of Anthony Mann’s life and career between 1951 and his premature death in 1967. The changes in the film industry as a result of anti-trust legislation, ...
More
The final chapter provides an overview of Anthony Mann’s life and career between 1951 and his premature death in 1967. The changes in the film industry as a result of anti-trust legislation, television, and the Hollywood blacklist, are documented as well as Mann’s collaboration with James Stewart on an acclaimed series of westerns and the director’s eventual gravitation towards such expensive epics as El Cid and Fall of the Roman Empire in the 1960s. During this time there were projects Mann pursued that would have returned him to the crime fold: The Ceremony (which Laurence Harvey finally directed), The Great Train Robbery (made as Robbery by Peter Yates), and the unfilmed J.B. Priestley spy novel The Shapes of Sleep. Dramatically, the film Mann was directing at the time of his death was his first contemporary thriller since Side Street – A Dandy in Aspic (completed by the film’s star, Laurence Harvey).Less
The final chapter provides an overview of Anthony Mann’s life and career between 1951 and his premature death in 1967. The changes in the film industry as a result of anti-trust legislation, television, and the Hollywood blacklist, are documented as well as Mann’s collaboration with James Stewart on an acclaimed series of westerns and the director’s eventual gravitation towards such expensive epics as El Cid and Fall of the Roman Empire in the 1960s. During this time there were projects Mann pursued that would have returned him to the crime fold: The Ceremony (which Laurence Harvey finally directed), The Great Train Robbery (made as Robbery by Peter Yates), and the unfilmed J.B. Priestley spy novel The Shapes of Sleep. Dramatically, the film Mann was directing at the time of his death was his first contemporary thriller since Side Street – A Dandy in Aspic (completed by the film’s star, Laurence Harvey).
Larry Haeg
- Published in print:
- 2013
- Published Online:
- August 2015
- ISBN:
- 9780816683642
- eISBN:
- 9781452949208
- Item type:
- book
- Publisher:
- University of Minnesota Press
- DOI:
- 10.5749/minnesota/9780816683642.001.0001
- Subject:
- Business and Management, Business History
The two most powerful men in the nation’s dominant industry, Edward H. Harriman and James J. Hill, got into a fight in 1901 for control of the nation’s western railroads. The battle also pitted the ...
More
The two most powerful men in the nation’s dominant industry, Edward H. Harriman and James J. Hill, got into a fight in 1901 for control of the nation’s western railroads. The battle also pitted the Rockefellers versus J. P. Morgan, “Big Oil versus Big Steel,” and the nation’s two largest banks, First National and City National. The two sides fought over a government-chartered northern “transcontinental” railroad that became the key to control of Chicago and Pacific trade with emerging markets in Asia. In the span of only seventeen hours in four days in May 1901 its stock rocketed from $110 a share to $1,000, the result of an inadvertent “corner” in its shares by the opposing forces. It resulted in a calamity for the “shorts” before a compromise was reached, the near collapse of Wall Street, the most precipitous decline ever in American stock values, and the fastest recovery. The stalemate led to the creation of a holding company, briefly the largest railroad combine in American history, which the U.S. Supreme Court narrowly declared unconstitutional. The ruling launched the reputations of Justice Oliver Wendell Holmes as the “great dissenter” and President Theodore Roosevelt as the “trust buster.” The court ruling energized the so-called “progressive’ movement, strengthened enforcement of the Sherman Act as the “first effort to control the economy at large,” and led to stifling government regulation that crippled America’s railroads for seven decades.Less
The two most powerful men in the nation’s dominant industry, Edward H. Harriman and James J. Hill, got into a fight in 1901 for control of the nation’s western railroads. The battle also pitted the Rockefellers versus J. P. Morgan, “Big Oil versus Big Steel,” and the nation’s two largest banks, First National and City National. The two sides fought over a government-chartered northern “transcontinental” railroad that became the key to control of Chicago and Pacific trade with emerging markets in Asia. In the span of only seventeen hours in four days in May 1901 its stock rocketed from $110 a share to $1,000, the result of an inadvertent “corner” in its shares by the opposing forces. It resulted in a calamity for the “shorts” before a compromise was reached, the near collapse of Wall Street, the most precipitous decline ever in American stock values, and the fastest recovery. The stalemate led to the creation of a holding company, briefly the largest railroad combine in American history, which the U.S. Supreme Court narrowly declared unconstitutional. The ruling launched the reputations of Justice Oliver Wendell Holmes as the “great dissenter” and President Theodore Roosevelt as the “trust buster.” The court ruling energized the so-called “progressive’ movement, strengthened enforcement of the Sherman Act as the “first effort to control the economy at large,” and led to stifling government regulation that crippled America’s railroads for seven decades.
Larry Haeg
- Published in print:
- 2013
- Published Online:
- August 2015
- ISBN:
- 9780816683642
- eISBN:
- 9781452949208
- Item type:
- chapter
- Publisher:
- University of Minnesota Press
- DOI:
- 10.5749/minnesota/9780816683642.003.0010
- Subject:
- Business and Management, Business History
Northern Pacific common rises to $1,000 a share May 9, 1901, Hill-Morgan and Harriman-Schiff agree to $150 a share settlement price for the common to relieve the squeeze on the shorts. The market’s ...
More
Northern Pacific common rises to $1,000 a share May 9, 1901, Hill-Morgan and Harriman-Schiff agree to $150 a share settlement price for the common to relieve the squeeze on the shorts. The market’s winners and the losers.Less
Northern Pacific common rises to $1,000 a share May 9, 1901, Hill-Morgan and Harriman-Schiff agree to $150 a share settlement price for the common to relieve the squeeze on the shorts. The market’s winners and the losers.
Larry Haeg
- Published in print:
- 2013
- Published Online:
- August 2015
- ISBN:
- 9780816683642
- eISBN:
- 9781452949208
- Item type:
- chapter
- Publisher:
- University of Minnesota Press
- DOI:
- 10.5749/minnesota/9780816683642.003.0011
- Subject:
- Business and Management, Business History
Morgan returns from Europe to broker compromise. Vice President Roosevelt gives “big stick” speech at Minnesota State Fair and becomes President two weeks later after KcKinley is murdered in Buffalo.
Morgan returns from Europe to broker compromise. Vice President Roosevelt gives “big stick” speech at Minnesota State Fair and becomes President two weeks later after KcKinley is murdered in Buffalo.
Larry Haeg
- Published in print:
- 2013
- Published Online:
- August 2015
- ISBN:
- 9780816683642
- eISBN:
- 9781452949208
- Item type:
- chapter
- Publisher:
- University of Minnesota Press
- DOI:
- 10.5749/minnesota/9780816683642.003.0012
- Subject:
- Business and Management, Business History
Roosevelt profile, Morgan announces creation of Northern Securities to house controlling shares of Great Northern and Northern Pacific and prevent future Harriman raids on the Northern Pacific. ...
More
Roosevelt profile, Morgan announces creation of Northern Securities to house controlling shares of Great Northern and Northern Pacific and prevent future Harriman raids on the Northern Pacific. Roosevelt gives his first a message to Congress and threatens government supervision of large corporations, using Northern Pacific panic as springboard.Less
Roosevelt profile, Morgan announces creation of Northern Securities to house controlling shares of Great Northern and Northern Pacific and prevent future Harriman raids on the Northern Pacific. Roosevelt gives his first a message to Congress and threatens government supervision of large corporations, using Northern Pacific panic as springboard.
Larry Haeg
- Published in print:
- 2013
- Published Online:
- August 2015
- ISBN:
- 9780816683642
- eISBN:
- 9781452949208
- Item type:
- chapter
- Publisher:
- University of Minnesota Press
- DOI:
- 10.5749/minnesota/9780816683642.003.0013
- Subject:
- Business and Management, Business History
U.S. sues to break up Northern Securities as violation of Sherman Act prohibiting restraint of trade. U.S. Circuit Court rules uaninmously against Northern Securities. Hill-Morgan appeal to U.S. ...
More
U.S. sues to break up Northern Securities as violation of Sherman Act prohibiting restraint of trade. U.S. Circuit Court rules uaninmously against Northern Securities. Hill-Morgan appeal to U.S. Supreme Court.Less
U.S. sues to break up Northern Securities as violation of Sherman Act prohibiting restraint of trade. U.S. Circuit Court rules uaninmously against Northern Securities. Hill-Morgan appeal to U.S. Supreme Court.
Larry Haeg
- Published in print:
- 2013
- Published Online:
- August 2015
- ISBN:
- 9780816683642
- eISBN:
- 9781452949208
- Item type:
- chapter
- Publisher:
- University of Minnesota Press
- DOI:
- 10.5749/minnesota/9780816683642.003.0014
- Subject:
- Business and Management, Business History
U.S. Supreme Court rules 5-4 against Northern Securities, Hill-Morgan return Great Northern and Northern Pacific shares pro rata to original shareholders.
U.S. Supreme Court rules 5-4 against Northern Securities, Hill-Morgan return Great Northern and Northern Pacific shares pro rata to original shareholders.
Larry Haeg
- Published in print:
- 2013
- Published Online:
- August 2015
- ISBN:
- 9780816683642
- eISBN:
- 9781452949208
- Item type:
- chapter
- Publisher:
- University of Minnesota Press
- DOI:
- 10.5749/minnesota/9780816683642.003.0015
- Subject:
- Business and Management, Business History
Seven decades of stifling government railroad regulation and government subsidization of commercial aviation, trucking, and inland water transport. 1970 Supreme Court rules unanimously to allow Great ...
More
Seven decades of stifling government railroad regulation and government subsidization of commercial aviation, trucking, and inland water transport. 1970 Supreme Court rules unanimously to allow Great Northern, Northern Pacific and Burlington to merge, thereby overturning the 1904 5-4 decision against merger. Railroads become the last major U.S. transport industry to be deregulated. Warren Buffett’s Berkshire Hathaway buys BNSF, the Hill legacy lines. American railroad freight system remains the world’s most successful such system and is the only entirely private run system in the world.Less
Seven decades of stifling government railroad regulation and government subsidization of commercial aviation, trucking, and inland water transport. 1970 Supreme Court rules unanimously to allow Great Northern, Northern Pacific and Burlington to merge, thereby overturning the 1904 5-4 decision against merger. Railroads become the last major U.S. transport industry to be deregulated. Warren Buffett’s Berkshire Hathaway buys BNSF, the Hill legacy lines. American railroad freight system remains the world’s most successful such system and is the only entirely private run system in the world.