Experts Plan 5 Year Study Of Monopoly

The monopoly problem in American business and government will be the subject of a five-year study by a group of Harvard and M.I.T. specialists, Edward S. Mason, Dean of the Graduate School of Public Administration, announced last night. The experts will be drawn from the fields of law, government, business and economics.

A grant of $10,000 for the project has been provided by the Merrill Foundation for Advancement of Financial Knowledge. This will pay for exploratory research and studies in the coming year, Dean Mason said, adding that a four or five year program is contemplated if the initial studies prove fruitful.

Set Standards

The study will "seek to re-examine the relation between industry, broadly conceived as self-regulation through competition and government."

Members of Harvard faculties who will take part in the project include Dean Mason, David F. Cavers and Robert R. Bowie, Law School professors, Lincoln Gordon '33, professor at the Business School, and Carl Kaysen, a Junior Fellow studying in the Economics Department of the University.