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| Author: | Dobbin, F. Dowd, T. |
| Title: | The market that antitrust built: public policy, private coercion, and railroad acquisitions, 1825 to 1922 |
| Journal: | American Sociological Review
2000 : OCT, VOL. 65:5, p. 631-657 |
| Index terms: | ANTITRUST PUBLIC POLICY RAILWAY EQUIPMENT INDUSTRY |
| Language: | eng |
| Abstract: | How do new business models emerge? Neoinstitutionalists argue that the process often begins when a policy shift undermines the status quo; groups then view to define the best alternative. The authors explore the role of power in selecting between two alternative business models available to railroads from 1897, when antitrust laws banned the cartel -- the prevailing model for managing competition. |
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