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Article: The trend of aggregate concentration in the United States.
- Article from:
- The American Journal of Economics and Sociology
- Article date:
- April 1, 1996
- Author:
CopyrightCOPYRIGHT 1996 Blackwell Publishers Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Problems of Scope and Measurement
I
Introduction
A sizable literature examining aggregate concentration and describing the potential adverse consequences of increasing aggregate concentration exists.(1) These adverse consequences involve the suspected relationship between increasing concentration and increasing corporate control over economic resources resulting in non-competitive behavior and/or enhanced political power.(2)
Caswell (1987) describes the potential for non-competitive behavior in terms of two linkages between aggregate concentration and economic performance. The first link concerns the relationship between aggregate concentration ...