Join us in analyzing business lessons from the past and exploring the future. We have a passion for insightful business stories and want to share them with you. Take a minute and enjoy the barrage of business knowledge!
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Why Standard Oil Was Not Actually a Greedy Monopoly
The Sherman Antitrust Act was established in 1890 to prevent market-leading companies from price-fixing, limiting industrial output, or any other business practice that excludes competition and harms the American consumer. Standard Oil is unanimously known as the all-time largest monopoly in U.S. history. It’s President, John D. Rockefeller, now serves a hallmark figure of evil… Read more
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EBay Sells StubHub
The e-commerce giant made the announcement yesterday that it would be selling online ticket dealer StubHub to its European competitor Viagogo for $4 billion cash. This decision comes a few months after eBay announced it would be conducting a strategic examination of its assets after increasing pressure from investors to boost its bottom line. EBay… Read more
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Charles Schwab Officially Buys TD Ameritrade
One of the nation’s premier financial entities has just finalized a gigantic acquisition. Charles Schwab is the largest publicly traded stock brokerage and has now acquired the second-largest in TD Ameritrade after a massive $26 billion merger was agreed upon earlier this morning. The combined company will stand as the undisputed brokerage leader and serve… Read more