Archive Report
Archive Report
Rections to Recent Wave of Mergers
A Multitude of mergers during the past four years—outstripping anything of the sort since the 1920s—has revived discussion of the whys and wherefores of business consolidation. And it has raised once again the old question of how far the process of combination can go before it does violence to the public interest. Studies conducted under auspices of the Department of Justice and the Federal Trade Commission, due for early completion, may help to provide an answer. However, the factors involved are so many and so complex that it is never certain that today's judgments will hold good under tomorrow's conditions.
Mergers have been on the increase since the outbreak of the Korean war in 1950, but it was last year's ...