Market Dominance How Firms Gain, Hold, or Lose It and the Impact on Economic Performance

Name: Market Dominance How Firms Gain, Hold, or Lose It and the Impact on Economic Performance
Price: 108.59 USD
Availability: InStock
ISBN: 9780275956042

ISBN-10: 0275956040

ISBN-13: 9780275956042

Edition: 1998

Authors: David Rosenbaum

List price: $95.00

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Economic theorizing suggests that firms can acquire and maintain market dominance in a number of ways. Some economists argue that firms attain dominance only by being relatively more efficient than their rivals and retain leadership only by staying more efficient than their rivals. Others argue that efficiency is not the only source of dominance and that leaders can retain preeminence even if they are inefficient. This book attempts to sort out the relevant points by exploring market dominance experienced by firms in ten different industries. It examines factors that led to acquiring, holding and in some cases losing dominance and asks whether those factors were consistent with economic…

Book details

List price: $95.00
Copyright year: 1998
Publisher: ABC-CLIO, LLC
Publication date: 5/26/1998
Binding: Hardcover
Pages: 280
Size: 6.13" wide x 9.25" long x 1.00" tall
Weight: 0.990
Language: English

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Introduction



The Standard Oil Trust



Tobacco: Predation and Persistent Market Power



Alcoa and the U.S. Aluminum Industry



Dow Chemical and the Magnesium Industry



The Rise and Fall of Dominant Firms in the U.S. Automobile Industry: A Tale Twice Told



The Rise and Fall of IBM



Microsoft



Blue Cross: Health Insurance



AT&T's Grand Design for Dominance in the Global Information Age



Conclusion