This work serves as a comprehensive update to Jesse W. Markham's 1952 industrial organization study, Competition in the Rayon Industry. It extends Markham's study to all large volume man-made fibers in a manner that will also be applicable to other industries. David Goldenberg offers new insights into the structure, price and nonprice behavior, and performance of a large and technically advanced industry. This study provides a practical test of industrial organization theory and performance, as well as a real-world examination of many of the issues most crucial to the man-made fibers...