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

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ISBN-10: 0275956040

ISBN-13: 9780275956042

Edition: 1998

Authors: David Rosenbaum

List price: $86.00
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Description:

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…    
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Book details

List price: $86.00
Copyright year: 1998
Publisher: ABC-CLIO, LLC
Publication date: 5/26/1998
Binding: Hardcover
Pages: 280
Size: 6.75" wide x 9.50" long x 1.00" tall
Weight: 1.386
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