Antitrust crackdowns may reduce corporate know-how
Interlocking directorates—the practice of the same director sitting on the boards of competing companies—have long been identified with backroom deals and corporate collusion. In 1914, when antitrust laws began cracking down on the practice, future Supreme Court Justice Louis Brandeis called them "t...
Image: Phys.org
Interlocking directorates—the practice of the same director sitting on the boards of competing companies—have long been identified with backroom deals and corporate collusion. In 1914, when antitrust laws began cracking down on the practice, future Supreme Court Justice Louis Brandeis called them "the root of many evils."
Originally published at Phys.org
