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- Title
THE TOBACCO INDUSTRY SINCE THE DISSOLUTION OF THE TRUST.
- Authors
Tosdal, H. R.
- Abstract
The article presents a report of the U.S. Commissioner of Corporations about the status of the tobacco industry. The report recently issued by the Commissioner of Corporations, treating prices, costs, and profits, is the first to deal with a post-dissolution period and to compare conditions before and after the execution of the court decree. The actual extent of the competition between the successor companies is discussed in so far as the facts regarding prices, costs, and profits, and changes in the volume and division of business tend to show it, but not with regard to the other important factors. These other factors are not covered by the report because the court retained jurisdiction in the case. The present report takes up the investigation of costs, prices, and profits: those of the combination up to and including 1910; those of the several large companies, called the successor companies, which took over the business of the combination; and those of a group of independent concerns. Upon the basis of the material gathered and disregarding other factors, the report asserts that competition has been restored.
- Subjects
UNITED States; TOBACCO industry; COMPETITION; PRICES; PROFIT; COST
- Publication
Quarterly Journal of Economics, 1915, Vol 29, Issue 4, p848
- ISSN
0033-5533
- Publication type
Article
- DOI
10.2307/1883313