...* trade relations between the giant conglomerates tend to close a business circle. Left out are the firms with narrow product lines; as patterns of trade...The US economy might end up completely dominated by conglomera tea happily trading with each other in a new kind of cartel system." CONGLOMERATE INTERDEPENDENCE...

...Thus trade relations between the giant conglomerates tend to close a business circle. Left out are the firms with narrow product lines ; as patterns of trade...companies, entry by newcomers becomes more difficult. Such crystallization, however, is constantly being broken up by technological advances: new products...

...* trade relations between the giant conglomerates tend to close a business circle. Left out are the firms with narrow product lines; as patterns of trade...happily trading with each other in a new kind of cartel system.1* CONGLOMERATE INTERDEPENDENCE AND FORBEARANCE It is well recognized in economic theory and...

.... trade relations between the giant conglomerates tend to close a business circle. Left out are the firms with narrow product lines ; as patterns of trade...conglomerates happily trading with each other in a new kind of of cartel system." 12 Conglomerate Interdependence and Forbearance It is well recognized in economic...

...Thus trade relations l>etween giant conglomerates tend to close a business circle Left out are the firms with narrow product lines ; as patterns of trade...partners emerge between particular groups of companies, " Gilbert Burck. "The Merger Movement Rides High," Fortune, Feb. 1969, p. 80. entry by newcomers becomes...

...who lose out not to a superior product but to an intrafirm quid pro quo. As Fortune once complained, "The US economy might end up completely dominated...trading with each other in a new kind of cartel system." • Entrenchment cf leading firms — Clorox was the leading firm in the bleach industry, but when...

...who lose out not to a superior product but to an intrafirm quid pro quo. As Fortune once complained, "The US economy might end up completely dominated...trading with each other in a new kind of cartel system." • Entrenchment of leading firms — Clorox was the leading firm in the bleach industry, but when...

...Fortune'. trade relations between the giant conglomerates tend to close a business circle. Left out are the firms with narrow product lines: as patterns of trade...groups of companies, entry by newcomers becomes more difficult.101 Indeed, Fortune concludes that "the United States economy might end up completely dominated...

...which we expect in a free marketplace. Fortune reaches the same conclusion: "... the United States economy might end up completely dominated by conglomerates...trading with each other in a new kind of cartel system. " Finally, of course, there is the danger — by no means hypothetical, as recent events show — that...

...for Ford's use of Sheraton hotel rooms. "The US economy might end up," Fortune magazine once worried, "completely dominated by conglomerates happily trading with each other in a new kind of cartel system." Mutual forbearance. — In 1923 a duPont executive described his company policy to Imperial Chemical...