2 ms·
I was always intrigued by the word antitrust. It was first used in 1890 in the US. Is it possible that someone screwed up and didn’t realize the word for this i
by adamnemecek 8y ago
I was always intrigued by the word antitrust. It was first used in 1890 in the US. Is it possible that someone screwed up and didn’t realize the word for this is distrust?
- ISL 8y agoA trust is a thing. Antitrust is a contraction of anti-trust. https://en.wikipedia.org/wiki/Trust_(business) https://en.wikipedia.org/wiki/Trust_(business)
- toomuchtodo 8y agoIt's also helpful to understand history, and therefor the origin of antitrust law. https://en.wikipedia.org/wiki/History_of_United_States_antitrust_law https://en.wikipedia.org/wiki/History_of_United_States_antit...
- ethbro 8y agoIn the annals of corporate history, you'll find that before ~1875, "corporations" were intrinsically intertwined with their sponsoring governments. Viz British / Dutch East India Companies, Hudson's Bay Company Early American corporations were no different, and required the legislature's consent for establishment. Consequently, Carnegie Steel and Standard Oil were both formed as an alternative... a trust... to avoid being beholden to government power.