Federal Antitrust Policy During the Kennedy-Johnson Years

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Greenwood Publishing Group, 1995 - Всего страниц: 180


By 1968, 200 corporations held over 60 percent of the nation's manufacturing assets and total annual profits. This book is a comprehensive study of the enormous concentration of economic power resulting from the Third Great Merger Movement, during which over 9,400 firms disappeared through merger, increasing from 954 in 1961 to 2,442 in the peak year of 1968. This great merger wave took place during a period of prosperity marked by a rapidly expanding economy, easy money, and a bouyant stock market. The conglomerate firm was the most prominent feature of the Third Great Merger Movement.

 

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Introduction A Brief History of Antitrust Policy to 1950
1
18951904
3
19051918
6
19191930
9
Depression Decade
14
Toward the CellarKefauver Act
18
The Issue Business Concentration in the 1950s and 1960s
21
Concentration
24
The House
86
Toward the Supreme Court
88
The Response The Supreme Court
89
Significant Antitrust Cases of the 1960s
90
Toward the Nixon Years
99
Conclusions
101
Epilogue
103
Merger Guidelines US Department of Justice
107

The Conglomerate Movement
34
19611968
42
Toward the KennedyJohnson Years
44
The Response The Executive
49
The Justice Department
57
The Federal Trade Commission
68
Toward the Legislative Process
75
The Response The Congress
79
The Senate
81
Report of the White House Task Force on Antitrust Policy
119
Summary Report of the Task Force on Productivity and Competition
137
Directorships of Major US Corporations Tightly Interlocked
139
Notes
141
Glossary
165
Selected Bibliography
169
Case Index
177
Subject Index
179
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JAMES R. WILLIAMSON is a retired U.S. Army officer and retired Professor of History and Business, Gwynedd-Mercy College. Presently, he is Adjunct Professor of History and Political Science at the University of Scranton and Adjunct Professor of History and Business at Wilkes University. He coauthored Zebulon Butler: Hero of the Revolutionary Frontier (Greenwood Press, 1995).

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