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Both market structure and corporate practices of Archer Daniels Midland fostered the implementation of the largest price-fixing conspiracies seen in modern times. The overcharges imposed on U.S. buyers of lysine and citric acid during 1994-1995 by ADM and its co-conspirators amounted to at least...
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Data now being collected under the Community Reinvestment Act can be used to examine several issues related to analyses of the competitive effects of proposed bank mergers and bank holding company acquisitions. This article looks at two of those issues: whether locally based commercial banks and...
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Our anti-trust laws dictate that bank mergers be rejected if they will substantially lessen competition in their markets. Yet bigger bank mergers are approved every year. What's going on? One word: divestiture.
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