Comanor, William; Scherer, F. M. - In: International Journal of the Economics of Business 2 (1995) 2, pp. 263-290
This paper reviews two early precedent-setting US antitrust decisions and asks a series of counter-factual questions. What if the Standard Oil Company had not been broken into 34 pieces? What if the United States Steel Corporation had been fragmented? It traces the qualitative evolution of the...