Bigger, Sure. Better? Well...

Is bigger good or bad? That's the question on the minds of a host of people in America these days, from media moguls and banking CEOs to politicians, foreign competitors, and average citizens wondering about jobs, delivery of services, and prices. Like it or not, corporate bigness is destined to become one of the hottest public-policy questions in the years ahead. A new wave of mergers and acquisitions is generating the kind of mass and concentration unseen on the economic front since the late 19th century.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.