Taxation Law

Antitrust and the Formation of the Postwar World (Columbia by Wyatt Wells PDF

By Wyatt Wells

ISBN-10: 0231123981

ISBN-13: 9780231123983

ISBN-10: 023112399X

ISBN-13: 9780231123990

Today antitrust legislation shapes the coverage of just about each huge corporation, regardless of the place centered. yet this wasn't continuously the case. sooner than international warfare II, the legislation of so much business nations tolerated or even inspired cartels, while American statutes banned them. within the wake of global conflict II, the USA dedicated huge assets to construction a liberal financial order, which Washington believed was once essential to keeping not just prosperity but in addition peace after the struggle. Antitrust was once a cornerstone of that coverage. This interesting ebook exhibits how the USA sought to impose—and with what results—its antitrust coverage on different international locations, specially in Europe and Japan.

Wyatt Wells chronicles how the assault on cartels and monopoly in another country affected every thing from power coverage and exchange negotiations to the career of Germany and Japan. He indicates how a small staff of zealots led through Thurman Arnold, who grew to become head of the Justice Department's Antitrust department in 1938, particular cartels and massive businesses in the course of the global: IG Farben of Germany, Mitsui and Mitsubishi of Japan, Imperial Chemical Industries of england, Philips of the Netherlands, DuPont and basic electrical of the USA, and extra. Wells brilliantly exhibits how as a result, the architects of the postwar economy—notably Lucius Clay, John McCloy, William Clayton, Jean Monnet, and Ludwig Erhard—uncoupled political ideology from antitrust coverage, reworking Arnold's attempt right into a capability to advertise enterprise potency and inspire competition.

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Antitrust and the Formation of the Postwar World (Columbia Studies in Contemporary American History) by Wyatt Wells


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