The Modern Distributive Process. Studies of Competition and its Limits

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First published in 1904, this classic work of economics explores the nature of competition and how it operates in modern industrial societies. Through a series of case studies and comparisons, the authors analyze the ways in which different types of market structures, from monopolies to perfect competition, affect the distribution of wealth and power. Their insights continue to inform debates about the role of regulation and antitrust laws in shaping contemporary economic policy.