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Firm Diversification, Mutual Forbearance Behavior and Price-Cost Margins

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Firm Diversification, Mutual Forbearance Behavior and Price-Cost Margins Synopsis

Concern over conglomerate mergers increased dramatically in the latter part of the twentieth century. An acceleration in conglomerate merger activity rekindled firms’ takeover fears and swamped trustbusters, and attention focused on the political and economic issues surrounding conglomerate mergers. Of particular importance is the possibility that conglomerate mergers may increase aggregate concentration and eventually create a ‘zaibatsu’ economy. This book, first published in 1984, addresses the issue by examining the mutual forbearance hypothesis. More specifically, do multi-market contacts among diversified firms affect market competition?

About This Edition

ISBN: 9781138570696
Publication date: 17th January 2018
Author: Allyn D. Strickland
Publisher: Routledge an imprint of Taylor & Francis Ltd
Format: Hardback
Pagination: 174 pages
Series: Routledge Library Editions: Industrial Economics
Genres: Business and Management
Economics of industrial organization
Economic systems and structures
Takeovers, mergers and buy-outs