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THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.70, # 1, 2013, pp. 97-117
matches, bottles, mirror glass, brick, salt, river transport and etc [Tsyperovich G.
1988, p. 299].
Monopolization firstly covered raw materials, fuel and producing lower-
level manufacturing products sectors. Production conditions of these sort of
products were little different in various companies and consumers as a rule not
preferred the certain types.
On the other hand, high-level processing areas could hardly monopolized due
to the extreme variety of products [Shasta I. 1991, p. 170]. For example, big
electro-technical enterprises got agreement on a small number of dams for some
special products in this period in Germany. As the differences on the technologies,
values of the labor force and commercial methods estimated so high and
companies were in different situation as a result of monopolization. Failed attempts
for the creation of monopoly unions in other sectors of German machine
building industry incurred due to this reason as well [Shasta I. 1991, p. 183].
The new wave of combining companies and absorption of one company by
another led to the increasing the monopolization of production. This new wave of
combination and absorption widely spread in USA in 1926-1929. This wave is
varies with an increase importance of vertical integration equal to ongoing
horizontal connection and absorption. This change on character and form of
implementation of centralization capital process objectively reserved with the need
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