ABSTRACT

QUASI-MONOPOLY ORGANISATION is no longer confined to industry; it has invaded retail trade, and has been fostered by manufacturers' organisations so far as the latter have been in a position to link up their cartels with retail trade associations to uphold or introduce price-fixing agreements and trade practices. Similar developments have taken place in all other industrial countries; in most of these countries, cartel and trust legislation was introduced to control the action of industrial combination in its limitation of competition, and such legislation automatically covered retail trade associations to some extent as well.