Duquesne Law Review


The topic of this paper' originally entitled "Recent and Dynamic Changes In Economic and Legal Philosophies Relating to Mergers," has many facets. We shall try to identify the current merger trends, relying on legal and economic analysis. Our theme is a thin trail through an incredibly ovegrown thicket. We seek to identify: (1) the existence of a merger problem; (2) the change in this movement starting in 1968; (3) the legal framework under which existing regulating policy is directed; (4) current interpretations of Section 7 of the Clayton Act as it relates to the conglomerate movement; (5) actions taken by two enforcement agencies to stem the rising tide of the current movement; and (6) possible changes that would best achieve a sound antitrust policy.

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