The gradual economic integration of Western Europe is bringing about far- reaching changes in the countries taking part in the venture. One of the features of this process - and a prominent feature - is making itself felt in the field of industrial organization through a profound change in the structure of a large number of markets. In taking advantage of the larger market created by the elimination of national frontiers as barriers to trade, large firms playa leading role - firms from within the European Community and from outside. The merger device has been a major vehicle of expansion, and in several sectors of manufacturing industry this has already led to an in- crease in the relative importance of a few firms. Over the years, public opinion has become increasingly aware of the con- centration of industrial power and of itG attendant problems. Merger law and control of the operations of la: e corporations are current topics of discussion. More especially, merger statutes have recently been enacted in Britain and Germany, and the matter is coming to be one of the chief pre- occupations of the European Commission.
| Author: J. W. Aarts |
| Publisher: Springer |
| Publication Date: 27606 |
| Number of Pages: 442 pages |
| Binding: Business & Economics |
| ISBN-10: 9020704737 |
| ISBN-13: 9789020704730 |
