"Despite the large number of mergers, and the……" — Gabriel Kolko

"Despite the large number of mergers, and the growth in the absolute size of many corporations, the dominant tendency in the American economy at the beginning of [the 20th] century was toward growing competition. [And] competition was unacceptable…It was not the existence of monopoly that caused the federal government to intervene in the economy, but the lack of it."

Gabriel Kolko

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