Tag Archives: History of American Monopolists

Presidential Powers and Antitrust Politics: Part One

By Carl Hittinger and Tyson Herrold on July 31, 2017 Posted in Antitrust & Politics, Articles

In June, we discussed the Trump administration’s candidate for the top post in the Department of Justice’s Antitrust Division: Makan Delrahim. During Delrahim’s confirmation hearing, Sen. Amy Klobuchar pressed him, “What would you do, if you’re in this job, if the president, or the vice president, or a White House staffer calls, and wants to … Continue Reading

Carl Hittinger Examines American Monopolists through the Lens of History, Politics

By BakerHostetler on February 2, 2017 Posted in Articles, BakerHostetler, Sherman Act 2

Partner Carl Hittinger has authored a series of articles for The Legal Intelligencer that explores the history of select American monopolists by posing two fundamental questions: Why have some monopolists succeeded in gaining, maintaining and increasing monopoly power where others have failed? Why does history keep repeating itself and the basic lessons taught have not … Continue Reading

A History of American Monopolists: Being a Good Corporate Citizen

By Carl Hittinger on November 6, 2014 Posted in Articles

As the story goes, the tragic Johnstown Flood of May 1889 almost sunk the ascendency of future monopolists Andrew Carnegie and Henry Clay Frick. Both were members of the infamous South Fork Fishing and Hunting Club that factored heavily in the history of the tragic flood that claimed the lives of over 2,200 unsuspecting residents … Continue Reading

A History of American Monopolists: Remembering One’s Non-Monopoly Roots

By Carl Hittinger on October 15, 2014 Posted in Articles

As the story goes, Ford Motor Co. almost never got off the ground because of a monopolist. In 1903, the Association of Licensed Automobile Manufacturers (ALAM) tried to stop Henry Ford from building his first gasoline-powered four-stroke automobile. The ALAM was composed of 11 car manufacturers, including, at the time, Cadillac, Winton and Packard. Its … Continue Reading

A History of American Monopolists: Lessons Not Easily Learned

By Carl Hittinger on September 29, 2014 Posted in Articles, BakerHostetler

As the story goes, in 1902, President Teddy Roosevelt, wanting to make his mark on the presidency as a real deal “trust buster,” took aim at Wall Street by going after financial titan J.P. Morgan. Working with his then-attorney general, Pennsylvanian Philander Knox, Roosevelt decided to file an antitrust suit against the Northern Securities Co., … Continue Reading