Chapter
26
Corporate
Mergers
and
Antitrust
Copyright
2002 by The McGraw­Hill Companies, Inc.
All rights reserved.
26­1
Chapter
Objectives
The
explanation
of
antitrust
Major
antitrust
laws
Modern
antitrust
Types
of
mergers
The
effectiveness
of
antitrust
The
trend
toward
bigness
The
Microsoft
case
Copyright
2002 by The McGraw­Hill Companies, Inc.
All rights reserved.
26­2
A
Historical
Perspective
on
Corporate
Concentration
The
history
of
the
American
economy
since
the
Civil
War
has
been
one
of
growing
corporate
concentration
Like
tides,
this
concentration
has
had
its
ebbs
and
flows
During
the
last
century
and
a
quarter,
a
few
hundred
companies
came
to
dominate
our
economy
Copyright
2002 by The McGraw­Hill Companies, Inc.
All rights reserved.
26­3