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ty grows, the worlds wealth increases?! xamples of benefits or costs of the current concentration wave arescanty. Yet it is hard to imagine that the merger of a few oil firms todaycould recreate the same threats to petition that were feared nearly acentury ago in the ., when the Standard Oil trust was broken up. The mergersof tele panies, such as WorldCom, hardly seem to bring higher prices forconsumers or a reduction in the pace of technical progress. On the contrary,the price of munications is ing down fast. In cars, too, concentration isincreasingwitness Daimler and Chrysler, Renault and Nissanbut it doesnot appear that consumers are being hurt?! et the fact remains that the merg