MERGERS AND CORPORATE CONSOLIDATION:JANET L. YELLEN Congressional Testimony | June 16, 1998 | . Provided by ProQuest LLC. (Hide copyright information) Copyright

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Testimony of Dr. Janet L. Yellen, Chair, Council of Economic Advisers before the Senate Judiciary Committee

June 16, 1998

Mr. Chairman and members of the Committee, it is a pleasure to be here this morning to talk about some of the economic issues raised by the current merger wave. My testimony contains four sections. The first puts the current merger wave into historical perspective. The main message from that section is that merger activity has certainly increased substantially in the past few years, but it is not clear that the level of merger activity is ...

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