A BusinessWeek magazine study of mergers and acquisitions between 1990 and 1995 found that 83 percent of these deals achieved, at best, marginal returns, and 50 percent recorded a loss.
- If such mergers are not especially profitable, why do they occur?
- U.S. antitrust policy has changed dramatically since the 1960s when the government regularly blocked mergers among companies in the same industry. Today, the federal government is much less active; it allows almost all mergers. Is this new approach justified, or has government just given in to the powers that be?
- What antitrust policies would work best in today’s U.S. economy?