Chapter 35. Effect of Trusts on Prices
1. Can the large factory always outsell the small one? Why?
2. Why are trusts or selling agreements formed?
3. Describe any agreement of which you know, made between merchants or manufacturers for the purpose of regulating prices. Did prices go up or down as a result?
4. Would it be a good thing for society if a trust made great economies in production, crowded out its smaller competitors, and maintained prices just where they were before, dividing among its shareholders the amounts saved?
5. How would the effects on society be different if prices were reduced by better organization and the prevention of waste?
6. Is it good public policy to allow a trust to undersell its smaller competitor in one district while it keeps up its prices elsewhere?