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Nataly [62]
4 years ago
12

Because of the proliferation of independent railroads, many companies formed pools in order to

History
1 answer:
AnnZ [28]4 years ago
7 0
Pools were agreements between railroad corporations to divide the business in a given area and share the profits. Many companies formed these pools in order to avoid competition by dividing business in a particular area. Efforts to regulate the monopolizing practices of railroad corporation then first came in the form of action by the supreme court.
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