The Railroad Industry of the early 19th century is probably the most commonly known case of a monopoly in American industry, it is seen in our grade school and high school history books. The Railroad became a booming success and quickly integrated itself into American enterprise. With the rise of the Railroad, gave rise to other big industries used for the building of the Railroad, industries such as, steel, copper, iron, glass, machine tools, and oil (Rise of monopolies 1996). In order to keep the Railroad running and expanding it was necessary for the new industries to keep thriving as well. Railroad owners became scared of loss of pro...
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...e in business is key, although it may be looked down upon as being a monopoly, these corporations both did what any business owner wants, which is to grow their business and be at the top of there industries. Malicious dealings or not, ethical or not, both companies ingeniously grew their business to be on top and protected their initial investments.
Microsoft antitrust case. (2012). Retrieved from http://www.uri.edu/personal/mdee4037/MainPage.html
monopoly. (n.d.). Dictionary.com Unabridged. Retrieved March 23, 2012, from Dictionary.com website: http://dictionary.reference.com/browse/monopoly
Rise of monopolies. (1996, June 10). Retrieved from http://www-cs-faculty.stanford.edu/~eroberts/cs201/projects/corporate-monopolies/development.html
Tucker, I. B. (2011). Economics for today. (7 ed.). Mason, Ohio: South-Western Cengage Learning.
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