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Antipower Sentiment Grows Against Big Business
In a period of rising antipower sentiment, the Justice Department hints at interlocking directorates as it presses wealthy businessmen to resign from boards of rival firms. The SEC plans to probe market concentration, while the FTC studies conglomerates and their efficiency versus monopoly risks. Banks expand influence across airlines and metals, using assets around 607 billion dollars. Insurer and mutual fund mergers into billion dollar operations draw regulatory scrutiny.
MENTIONED IN THIS ARTICLE
New York
Antipower
Justice Department
Ford
Securities and Exchange Commission
Federal Trade Commission
House Banking
U.S