CORPORATIONS: Wrapped in Cellophane

For more than a year, giant E. I. du Pont de Nemours has been trying to drum up more competition for itself in the Cellophane business—and for a very good reason. The Justice Department had indicted Du Pont (which makes about 75% of U.S. Cellophane) on charges of monopolizing the business; Du Pont wanted more evidence to prove that this was not so. Although Du Pont offered to share its patents and know-how without charge, it could find no takers—and also for a very good reason. A new Cellophane plant would require an initial investment of around $20 million.


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