Coping with competition: cooperation and collusion in the US stove industry, c.1870-1930

Harris, Howell

Abstract

This article examines the attempts of several generations of manufacturers of cooking and heating appliances to manage competition in their very unconcentrated industry. They started with overt price-fixing, which soon failed, then moved on to a variety of more effective techniques—particularly joint regulation with the aid of a strong craft union, and the adoption of uniform cost-accounting and price-setting systems. The article illuminates the numerous ways in which a trade association could make cartel-like behavior work in an industry whose structural characteristics were apparently unfavorable and also the importance of state intervention to shaping and eventually limiting this strategy.

Citation

Harris, H. (2012). Coping with competition: cooperation and collusion in the US stove industry, c.1870-1930. Business History Review, 86(4), 657-692. https://doi.org/10.1017/s0007680512001808

• Journal Article Type: Article
• Publication Date: Dec 1, 2012
• Deposit Date: Mar 14, 2012
• Publicly Available Date: Mar 27, 2013
• Journal: Business History Review
• Print ISSN: 0007-6805
• Electronic ISSN: 2044-768X
• Publisher: Cambridge University Press
• Peer Reviewed: Peer Reviewed
• Volume: 86
• Issue: 4
• Pages: 657-692
• DOI: https://doi.org/10.1017/s0007680512001808
• Public URL: https://durham-repository.worktribe.com/output/1479301