Archive Report
Archive Report
Recent Growth of Industrial Combination
Next to legislation dealing with the tariff, tax reduction, and prohibition no group of federal enactments has been more discussed by businessmen, chambers of commerce, and trade associations in recent years than the antitrust laws. Some commentators regard these laws as the bulwark of industrial liberty; others see them as a Procrustean bed ill suited to the changed economic conditions of the present day. During recent months a number of factors have directed increased attention to the antitrust laws and evoked proposals for their “liberalization” or “modernization”—the growth of industrial combinations; the application of the antitrust laws to specific industries such as oil, coal, copper, radio, and motion pictures; the effects of the administration of the laws upon competitive practices, ...