Class, collusion and competition: neglected elements in the divergent patterns of business development and rise of large-scale retailing in the USA and Britain, 1880–1950s

Carlo Morelli

International Journal of Management Concepts and Philosophy, 2007, vol. 2, issue 4, 317-336

Abstract: This paper uses the divergent patterns of large-scale retailing in the USA and Britain to explore the limitations of the conventional view of the rise of large-scale organisations in terms of the role of market forces, the visible hand of management and the work of Chandler and Williamson. Their analysis pays insufficient attention to the role of legal frameworks, state regulation, the relationship of market power and collusion and the role of class structures.

Keywords: Chandler; Williamson; business organisation; collusion; competition policy; visible management; business development; large-scale retailing; USA, United States; UK; United Kingdom; Britain; market forces; legal frameworks; state regulation; market power; class structures; historical development. (search for similar items in EconPapers)
Date: 2007
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