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Auctions as a Threat to American Business in the Eighteen Twenties and Thirties
Published online by Cambridge University Press: 24 July 2012
Extract
In the history of business one finds a universal inclination to oppose new techniques which threaten to undermine established enterprise. Today this tendency is seen in the United States in the fight against chain stores and mail-order houses; a hundred years ago the new auction system of wholesaling was under fire.
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- Copyright © The President and Fellows of Harvard College 1937