"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."
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Academics from CanadaEconomists from CanadaEducators from CanadaBusinesspeople from CanadaPeople from Saskatchewan
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https://en.wikiquote.org/wiki/Neil_H._Jacoby
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Neil H. Jacoby
Neil Herman Jacoby(September 19, 1909 – May 31, 1979) was a university professor and public servant and was widely recognized as an expert on matters of taxation, finance, economic policy, and business-government relationships.
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