Showing papers on "Energy market published in 1971"

The Energy Company: A Monopoly Trend in the Energy Markets

Abstract: Intensification of competition in the energy markets has been threatened by the emergence in the last few years of the energy company. Acquisitions by the oil companies across the energy market spectrum “…may be viewed as classic, horizontal integration on a scale comparable to the formation of the trusts …of the nineteenth century.” Dr. Netschert, a well-known energy economist, is vice-president of National Economic Research Associates, Inc., consulting economists of Washington, D.C. This article was adapted by the author from a statement he and his associates, A. Gerber and I. M. Stelzer, gave to the Subcommittee on Antitrust and Monopoly of the U.S. Senate Committee on the Judiciary in May 1970.