Firm Diversification, Mutual Forbearance Behavior and Price-Cost Margins

Business & Finance
Cover of the book Firm Diversification, Mutual Forbearance Behavior and Price-Cost Margins by Allyn D. Strickland, Taylor and Francis
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Author: Allyn D. Strickland ISBN: 9781351335706
Publisher: Taylor and Francis Publication: January 12, 2018
Imprint: Routledge Language: English
Author: Allyn D. Strickland
ISBN: 9781351335706
Publisher: Taylor and Francis
Publication: January 12, 2018
Imprint: Routledge
Language: English

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?

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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?

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