Because some conglomerate, and other, mergers have proved to be unsound and failed. It has been proposed that government should prohibit such mergers. But there is no feasible way to identify bad mergers in advanced; only time and the test of market competition reveal them.

— Neil H. Jacoby Corporate Power and Social Responsibility: A Blueprint for the Future (1973)

More quotes by Neil H. Jacoby

Bribery and Extortion in World Business with Peter Nehemkis and Richard Eells (1977)

Corporate Power and Social Responsibility: A Blueprint for the Future (1973)

Corporate Power and Social Responsibility: A Blueprint for the Future (1973)

Corporate Power and Social Responsibility: A Blueprint for the Future (1973)

Corporate Power and Social Responsibility: A Blueprint for the Future (1973)

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