From Monopoly to Competition
The Transformations of Alcoa, 1888-1986
By (author) George David Smith
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From Monopoly to Competition by George David Smith
Book DescriptionWhen 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 DetailsISBN: 9780521352611
(228mm x 152mm x 37mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 26-Aug-1988
Country of Publication: United Kingdom
Books By Author George David Smith
Cotton's Renaissance, Paperback (June 2011)
A history of Cotton Incorporated's impact on the cotton market in the United States.
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, Hardback (October 1998)» View all books by George David Smith
This book, first published in 1999, gives a balanced, enlightening account of how KKR has approached leveraged buyouts.
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