The recent significant increase in merger activity among the nation's large industrial corporations has become the subject of considerable concern. This article examines current developments in the merger area and appraises their effect upon the continuance of the competitive system. The authors view the implications of this merger trend against the backdrop of existing legislative controls, and posit guidelines for additional antitrust legislation to halt the "race to oligopoly."
James McI. Henderson & William H. Henderson,
The Race to Oligopoly,
1968 Duke Law Journal
Available at: http://scholarship.law.duke.edu/dlj/vol17/iss4/2