Interlocking Directorates Under Section 8 of the Clayton Act

Interlocking Directorates Under Section 8 of the Clayton Act
Author: American Bar Association. Task Force on Interlocking Directorates
Publisher: American Bar Association
Total Pages: 84
Release: 1984
Genre: Law
ISBN: 9780897071512

This work provides a description of the historical background of the act, a summary of judicial interpretations of the statute, and analysis of the proposals to expand and strengthen the act.

Essays on Consumer Search and Interlocking Directorates

Essays on Consumer Search and Interlocking Directorates
Author: Silva Deželan
Publisher: Rozenberg Publishers
Total Pages: 157
Release: 2001
Genre:
ISBN: 9051708289

Information is crucial to make good decisions, but obtaining and providing information often comes at a cost. Consumers and firms both need to balance these costs and benefits of obtaining and providing information in order to make the best decisions. The research in this thesis investigates several questions that pertain to the acquisition and provision of information. In the first part of this thesis it is assumed that consumers are not fully informed about the prices or availability of a product they want to buy. Consumers can search for information, but this comes at a cost. At the same time, shops can influence these costs. In the first two studies in this part, shops have the possibility to advertise. An advertisement provides information to consumers and reduces the search costs. We investigate, among other things, the pricing behavior of shops and the relation between search and advertising. The third study in this part of the thesis considers the location choice of shops. Locating together in a shopping mall reduces the search costs of consumers. This increases the competition between shops and lowers the prices, but we show that at the same time the sales volume increases. The total effect of locating together on profits is generally positive. The second part of this thesis considers director ties (also named interlocks). A director who has several directorships in different firms can serve as an information bridge between the different firms. At the same time, interlocking directors are busy and form a homogenous group. Data from the Netherlands show that in The Netherlands the positive information providing effect of interlocks is outweighed by a negative busyness and homogenous group effect.

Who Rules America Now?

Who Rules America Now?
Author: G. William Domhoff
Publisher: Touchstone
Total Pages: 244
Release: 1986
Genre: History
ISBN:

The author is convinced that there is a ruling class in America today. He examines the American power structure as it has developed in the 1980s. He presents systematic, empirical evidence that a fixed group of privileged people dominates the American economy and government. The book demonstrates that an upper class comprising only one-half of one percent of the population occupies key positions within the corporate community. It shows how leaders within this "power elite" reach government and dominate it through processes of special-interest lobbying, policy planning and candidate selection. It is written not to promote any political ideology, but to analyze our society with accuracy.