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...

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Bibliographic Details
Main Author: Charles Reback
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