MERGER FOR MONOPOLY: THE FORMATION OF U.S. STEEL
Scholars have posited three reasons as to why U.S. Steel Corporation was formed: to swindle the public, to monopolize the steel industry, or to become a more efficient firm. The evidence from a stock market event study shows that from its inception, U.S. Steel was viewed as a monopolistic competitor...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
Economic & Business History Society
2007-06-01
|
Series: | Essays in Economic and Business History |
Online Access: | https://www.ebhsoc.org/journal/index.php/ebhs/article/view/171 |