| Description |
Today the eyes of the antitrust community are sharply focused on conglomerate mergers. Although few will argue that all combinations have an adverse effect upon the economy, most believe that the rapid rise of concentration and the power which the conglomerate acquires through such concentration, poses a very real threat to competition and the American economy. This paper will argue that the conglomerate can be prevented from posing such a threat. It will show that not only does the American society have the essential tools, in the form of existing antitrust legislation, to effectively limit the power which the conglomerate may acquire, but that it also has a right (the term; "right" for the purposes of this paper will be defined as a claim whose legal correlative is duty) to do this which is expressed in the accepted legal, political, economic and social philosophies of today. |
