Public Policy Toward “The Greatest Trust in the World”
Bibliographic Data
| ID | 9623427 |
|---|---|
| Authors | Robert M Aduddell (Loyola University Chicago, corresponding author), Louis P Cain (Loyola University Chicago) |
| Year | 1981 |
| Volume | 55 |
| Issue | 2 |
| Pages | 217-242 |
| Publication date | 1981-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Business History Review (JOURNAL) |
| Journal identifiers | ISSN: 0007-6805 • E-ISSN: 2044-768X |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.2307/3114896 |
| OpenAlex | W2320805076 |
| Language | EN |
| Citations received | 10 |
| References cited | 5 |
In the first of two articles, Professors Aduddell and Cain introduce the complex relations between a dynamic meatpacking industry and a government committed, in uncertain degree, to the philosophy of antitrust. From its earliest beginnings as an industry in the 1830s, meatpacking has experienced constantly changing parameters of technology, supply, demand, and public policy. Matters reached the first of several climaxes a few years after the new and naive Federal Trade Commission was established. Admittedly the dominant factor in a highly integrated meat industry, the largest companies were diversifying into non-meat food products, giving rise to the charge that they proposed to “monopolize” the entire food industry. The outcome was a consent decree in 1920 that, in confirming the large companies in their domination of meatpacking in return for their withdrawal from non-meat foods, revealed a government with a very weak case against an industry that it had made the cynosure of 120 million Americans. True to the familiar pattern of antitrust settlements, the dynamics of technology in transportation and marketing thereupon proceeded to render the decree meaningless. The second article, bringing the subject down to recent times, will appear in the Autumn issue
Business · Commission · Consent decree · Decree · Economics · Government (linguistics · Political science · Public policy · American History and Culture · Law · Organic Food and Agriculture · Wine Industry and Tourism
The South American meat industry during the first global economy (1860–1930)
Steers Afloat
Mechanical Refrigeration and the Integration of Perishable Commodity Markets
The impact of mechanical refrigeration on market integration
The Consent Decree in the Meatpacking Industry, 1920–1956
Democrats' 1916 Tariff Commission
From Big Shoulders to Big Macs
How Machines Make History, and how Historians (And Others) Help Them to Do So
The Problem of Bigness
Tariffs and Trusts, Profiteers and Middlemen
| Unique citing works | 10 |
|---|---|
| Citations per year | 0.22 |
| Citation span | 1981 - 2025 (45) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 10 |