Federal Antitrust Policy During the Kennedy-Johnson Years

(Hardback)

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By 1968, 200 corporations held over 60 percent of the nation's manufacturing assets and total annual profits. This book is a comprehensive study of the enormous concentration of economic power resulting from the Third Great Merger Movement, during which over 9,400 firms disappeared through merger, increasing from 954 in 1961 to 2,442 in the peak year of 1968. This great merger wave took place during a period of prosperity marked by a rapidly expanding economy, easy money, and a bouyant stock market. The conglomerate firm was the most prominent feature of the Third Great Merger Movement.

Reviews

"Professor Williamson offers not a court analysis; nor a study of antitrust activity. Rather, a study of the Federal Government's response to the "Third Great Merger Movement." This he has done most convincingly, while making a very real contribution to his subject's scholarly literature."-Reverend Charles P. Connor, Ph.D. Adjunct Professor of United States History University of Scranton
"The book does a good job at interweaving the people and the personalities of the Eisenhower-Kennedy-Johnson years into the legislative-executive-judicial interplay of the federal government and makes it all more understandable. Important reading for anyone attempting to understand the current "conglomeration" of American business."- Richard G. Raspen, Ph.D. Associate Professor of Business Administration School of Business, Society, and Public Policy Wilkes University
"While Professor Williamson does focus on the Kennedy-Johnson years, the book provides an excellent overview of the entire history of U.S. government antitrust policy."- Dr. Robert Mittrick, Professor Social Science/History Department Luzerne County Community College
The book is suitable for undergraduates and can be recommended for college and public libraries.-Choice
"The book is suitable for undergraduates and can be recommended for college and public libraries."-Choice

Author Bio

JAMES R. WILLIAMSON is a retired U.S. Army officer and retired Professor of History and Business, Gwynedd-Mercy College. Presently, he is Adjunct Professor of History and Political Science at the University of Scranton and Adjunct Professor of History and Business at Wilkes University. He coauthored Zebulon Butler: Hero of the Revolutionary Frontier (Greenwood Press, 1995).