“The purpose of the large horizontal (same-product) mergers was to reduce the number of plants and, hence, control production enough to insure a reasonable rate of profit. Mergers would allow a newly created large firm to produce full-time in its most efficient plants, and thereby maintain prices, production, and profits.”

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Books by Neil Fligstein

Euroclash

2008

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The Architecture of Markets

2002

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A theory of fields

2012

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