The Bicycle Trust

The Bicycle Trust was a dominant company formed in the late 19th century that controlled most bicycle manufacturing in the United States. It was a combination of major bicycle makers working together as a single entity to reduce competition, set prices, and increase profits. This monopoly-like structure allowed them to influence the market, limit innovation from smaller manufacturers, and control distribution. Eventually, anti-trust laws challenged such monopolies, leading to the dissolution of the Bicycle Trust and encouraging more competition and diversity in bicycle production.