This report reviews the economics of joint ventures by focusing on their implication for market competition. It also reviews the legislative history of mergers and joint ventures with special emphasis on aspects of the law that are directed at reducing market concentration.
This report analyzes the impact which the divestiture of the American Telephone and Telegraph Company (AT&T) will have on the 3.2 million holders of AT&T stock. The method of distribution and the listing and trading mechanics of the shares as well as dividend and tax information are discussed. A brief analysis of initial stock performance based on the first two weeks of trading concludes the analysis.