Is it Time for Industrial Reorganization?

Opinion Research Corporation, “Is Big Business Getting Too Big?”, Public Opinion Index (Mid April, 1973), Vol. XXXI No. 7.

Grether E. T. , “Consistency in Public Economic Policy with Respect to Private Unregulated Industries,” The American Economic Review (May 1963), Vol. LIII, No. 2, p. 31.

“White House Task Force Report on Antitrust Policy,” Antitrust & Trade Regulation Report (Washington: Bureau of National Affairs, Inc., May 27, 1969), No. 411, Special Supplement, Part II, p. 3.

“White House Task Force Report on Antitrust Policy,” op. cit.

U.S. Senate, “Industrial Reorganization Act” (S. 3832), Congressional Record (July 24, 1972), Vol. 118 No. 115, p. S 11494. Both the bill and Senator Hart's full introductory speech have been republished in Senator Hart Philip A. , “Restructuring the Oligopoly Sector: The Case for a New ‘Industrial Reorganization Act,’” Antitrust Law & Economics Review (Summer 1972) Vol. 5, No. 4, pp. 35–70.

Simon Julian L. , “Antitrust and the ‘Size’ Problem: The ‘Graduated’ Corporate Income Tax as an Anti-Bigness Device,” Antitrust Law & Economics Review (Winter 1972–73), Vol 6, No. 2, pp. 53–66.

Fortune Directory, 1973.

Nader Ralph , “The Case for Federal Chartering,” in Nader Ralph Green Mark J. , eds., Corporate Power in America (New York: Grossman Publishers, 1973), pp. 67–93.

Jacoby Neil H. , Corporate Power and Social Responsibility (New York: Macmillan Publishing Company, Inc., 1973), Ch. 8.

Galbraith John Kenneth , The Affluent Society (Boston: Houghton Mifflin, 1958); The New Industrial State (Boston: Houghton Mifflin, 1967); and Economics and the Public Purpose (Boston: Houghton Mifflin, 1973).

Ornstein Stanley I. , “Concentration and Profits,” The Journal of Business (October 1972), Vol. 45, No. 4, pp. 519.

Telser Lester G. , Competition, Collusion and Game Theory (Chicago & New York: Aldine-Atherton, 1972), p. 356.

Hearings, op. cit., testimony of Preston Lee E. (March 30, 1973).

Report, op. cit., pp. 3 and 6.

Schultze Charles L. , “Recent Inflation in the United States,” 86th Congress, 1st Session, Joint Economic Committee Print, Study Paper No. 1 (Washington: U.S. Government Printing Office, 1959).

Dalton James A. , “Administered Inflation and Business Pricing: Another Look,” The Review of Economics and Statistics (November 1973), Vol. LV, No. 4, pp. 516–519.

Controls or Competition, Hearings before the Subcommittee on Antitrust and Monopoly of the Committee on the Judiciary, U.S. Senate, 92d Congress, 2d Session (Washington: U.S. Government Printing Office, January 18, 19, 20 and 21, 1972).

Scherer Frederick M. , Industrial Market Structure and Economic Performance (Chicago: Rand McNally & Company, 1970), p. 408.

Scanlon Paul D. , “FTC and Phase II: The ‘McGovern Papers,’” Antitrust Law & Economics Review (Spring 1972), Vol 5, No. 3, pp. 19–36.

Sheperd William G. , “The Yields from Abating Market Power,” Industrial Organization Review (1973), Vol. l, No. 1, pp. 47–55.

Stigler George J. , “The Economies of Scale,” The Journal of Law and Economics (1958), Vol. 1, pp. 54–71.

Sheperd William G. , “What Does the Survivor Technique Show about Economies of Scale?”, The Southern Economic Journal (July 1967), pp. 113–122.

Bain J. S. , Barriers to New Competition (Harvard University Press, 1956).

Demsetz Harold , “Industry Structure, Market Rivalry, and Public Policy,” in The Journal of Law & Economics (April 1973), pp. 1–9.

Ibid., p. 82.

Weston J. Fred Ornstein Stanley I. , eds., The Impact of Large Firms on the U.S. Economy (Lexington: D. C. Heath and Company, 1973), p. 58.

Collins Norman R. Preston Lee E. ,: “Price-Cost Margins and Industry Structure,” The Review of Economics and Statistics (August 1969), Vol. 51, No. 3, pp. 271–286.

Weston J. Fred , “Concentration and Discretionary Market Power,” in Weston J. Fred Ornstein Stanley I. , The Impact of Large Firms on the U.S. Economy, op. cit., pp. 225–246.

Scherer , op. cit.

New York Times (November 18, 1973), Section 4, P. 1.

All data in this and the following paragraph from Fortune Directory, various years.

Esposito Louis Esposito Frances Freguson , “Foreign Competition and Domestic Industry Profitability,” The Review of Economics and Statistics (November 1971), Vol. 52, No. 4, pp. 343–353.