From Monopoly to Competition by George David Smith
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From Monopoly to Competition
By George David Smith

From Monopoly to Competition

The Transformations of Alcoa, 1888-1986

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Format: Hardback

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From Monopoly to Competition by George David Smith

Book Description

When Charles Martin Hall patented the process for refining the metal in 1886, it was far from self-evident that the new technology would be a business success. Problems involving the technology had to be solved. Capital and a labour force were needed. The most pressing entrepreneurial dilemma was the need to develop markets for what was then a novelty product. George David Smith examines how Alcoa met these problems, with special attention to innovation, from Alcoa's beginnings through its development into one of the most successful monopolies in American history. By World War II, no other American corporation had developed its industry's markets more dramatically and then dominated them more completely. The book then analyzes the undoing of Alcoa's monopoly by war and antitrust, and examines how the firm adapted to evolving forms of oliogopolistic and global competition.

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Book Details

ISBN: 9780521352611
ISBN-10: 0521352614
Format: Hardback
(228mm x 152mm x 37mm)
Pages: 592
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 26-Aug-1988
Country of Publication: United Kingdom

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Books By Author George David Smith

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From Monopoly to Competition by George David Smith From Monopoly to Competition, Paperback (December 2003)

A history of the aluminium giant Alcoa, which became one of America's most successful monopolies.

New Financial Capitalists by George David Smith New Financial Capitalists, Hardback (October 1998)

This book, first published in 1999, gives a balanced, enlightening account of how KKR has approached leveraged buyouts.

» View all books by George David Smith

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