ANTITRUST: Cracking Big Rubber

The Justice Department's Antitrust Division has never been an object of affection in executive suites, and recently there has been less love lost than ever. Reason: it is seeking to shrink some of the nation's very biggest companies. In 1972 the division asked the federal courts to order a breakup of IBM. Now it is demanding that Goodyear and Firestone, two giants of the rubber industry, get rid of enough operations to make the tire business as competitive as it was in 1959—when Goodyear accounted for 23% of sales, against 28% now, and Firestone's share was 15%, v. a...

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