capitalistic monopoly
in getting control of a market; great wealth may enable a company to
get control of rare natural resources.

In the discussion of industrial monopoly, the problem now before us,
there is a good deal of vagueness and misunderstanding because of
lack of definiteness in the use of words which have rapidly shifted in
meaning. The word "trust" originally applied, and still in legal usage
applies, to a particular form of organization, that of a board of
trustees holding the stock, and thus unifying the control, of two or
more formerly separate enterprises. The Standard Oil Company at one
time had this form of organization, which was declared by the courts
to be illegal _(ultra vires)_ for corporations. Now "trust" often
is used in the sense of a corporation having monopoly power in some
degree; either broadly, of any monopolistic corporation (including
railways and local public utilities), or, oftener, limited to
manufacturing and commercial monopolies, otherwise called "industrial
trusts" in contrast with franchise trusts and railroads.[2] The word
"combination" referred originally to a more or less thoro "merger,"
with a view to attaining monopolistic power, of a number of formerly
separate organizations, as in the case of the United States Steel
Corporation. But the word is often used as if it were a synonym for
trust (in a narrower or wider sense) even as applied to a single
enterprise that has grown to be monopolistic. A "trust" in the legal
sense of a form of organization, and "combinations" as above defined,
might have no monopoly power whatever; whereas a monopoly may be
possessed by an individual owner (e.g., of a patent right, railroad,
waterworks plant), or by a single corporation that has simply grown
monopolistic without the trust form of organization or without
combination.

Now it is evident that the real problem is that of monopoly, however
attained. Monopoly may be defined as such a degree of control over
the supply of goods in a given market that a net gain will result if a
portion is withheld.[3] In accord with growing and now dominant
usage it is well to observe the following meanings in our discussion.
"_Combination"_ is a term referring particularly to one method by
which monopolies are formed. "_Trust,"_ in the now popular sense, is
best limited to an industrial, primarily manufacturing, enterprise or
group of enterprises, with some degree of monopoly power due not to
a "specia