This book, first published in 1928, was written at a time when the tendency in industry was towards the formation of large combines. With competition growing as markets and methods of communication grew, many manufacturers considered their only option was to unite in self-defence, setting up a movement that restrictive legislation was unable to check. This book analyses the proper relations between monopolistic combines and the State, and was the first to examine the German experience of organised monopoly, and the means used to prevent it from becoming a mere protection for inefficient producers.
Part 1. The Kartell System of Modern Germany 1. The Nature of Monopoly 2. General Methods of the Kartell System 3. Unfair Competition 4. Industry and the Kartells 5. Horizontal and Vertical Competition Part 2. The Problem of Legislation and Control 6. General Problems of Legislation 7. The Problem in Germany After the War 8. The Working of the Decree 9. Kartells and Public Policy