How was a trust different from a pool as a way to eliminate competition?

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asked Nov 10, 2021 39.5k views

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Hakank · Answer 1 · 2021-11-14T07:13:41+0000

Answer:

Companies that formed pools had no legal protection and could not enforce their agreements in court. Pools generally did not last long, as one member inevitably cut prices to steal market share from the others.

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How was a trust different from a pool as a way to eliminate competition?

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