Mergers and industry concentration in Britain

Authors

  • A. HUNTER

DOI:

https://doi.org/10.13133/2037-3643/11740

Keywords:

Mergers, policy, competition, monopoly, concentration, growth, Britain

Abstract

The principal concern of policy on mergers regards their alleged propensity to increase the concentration of industry thus reducing the intensity of competition or even creating some substantial degree of monopoly. Apart from the dangers arising from concentration and large size, however, mergers can provide many economic benefits and secure an essential element in the flexibility and economic growth of industry. The present article analyses mergers and industry concentration in Britain. The experience of past merger waves is first reviewed. The author then analyses the objectives, motivations and conditions for mergers. Finally, mergers policy in Britain is considered.


JEL: D04, D42, G34, L11

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How to Cite

HUNTER, A. (2014). Mergers and industry concentration in Britain. PSL Quarterly Review, 22(91). https://doi.org/10.13133/2037-3643/11740

Issue

Vol. 22 No. 91 (1969)

Section

Editorial

License

 
 
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