About: Hudson River Steamboat Association

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The Hudson River Steamboat Association was a cartel that operated passenger steamboats on the Hudson River in the U.S. state of New York from 1832 to 1843. It successfully monopolized passenger steamboat traffic on the river between New York City and Albany, New York, and enriched its members through the charging of monopoly prices. The cartel was challenged in 1834 by Cornelius Vanderbilt and by Daniel Drew in 1835; the cartel bribed Vanderbilt to leave the steamboat business, and bribed Drew to join the cartel.

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  • The Hudson River Steamboat Association was a cartel that operated passenger steamboats on the Hudson River in the U.S. state of New York from 1832 to 1843. It successfully monopolized passenger steamboat traffic on the river between New York City and Albany, New York, and enriched its members through the charging of monopoly prices. The cartel was challenged in 1834 by Cornelius Vanderbilt and by Daniel Drew in 1835; the cartel bribed Vanderbilt to leave the steamboat business, and bribed Drew to join the cartel. (en)
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  • The Hudson River Steamboat Association was a cartel that operated passenger steamboats on the Hudson River in the U.S. state of New York from 1832 to 1843. It successfully monopolized passenger steamboat traffic on the river between New York City and Albany, New York, and enriched its members through the charging of monopoly prices. The cartel was challenged in 1834 by Cornelius Vanderbilt and by Daniel Drew in 1835; the cartel bribed Vanderbilt to leave the steamboat business, and bribed Drew to join the cartel. (en)
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  • Hudson River Steamboat Association (en)
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