American Bicycle Company was an American bicycle company. American Bicycle was founded by Albert Augustus Pope, owner of the Columbia Bicycle.[1] In 1898, the U.S. bicycle industry was caught in a downward spiral of market saturation, over-supply and intense price competition. Pope issued an affidavit says that the American Bicycle Company was incorporated on May 12, 1899.[2] In an attempt to control supply and limit competition, 42 manufacturers (later over 75 companies) formed the American Bicycle Company and soon afterwards announced plans to open a branch plant in Canada called the National Cycle Company.[3] American Bicycle later bought the Gormully & Jeffery Manufacturing Company which made Rambler brand bicycles. Rambler bicycle was obtained in 1900 after Thomas B. Jeffery sold it to focus on the Rambler automobile.[4]