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
