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"The nature of competitive rivalry, and the power and interests of large firms and their owners, is at the heart of how countries develop. Large firms shape the economy as these firms can make the investments required in productive capacity, provide the upstream inputs and services required by smaller businesses and, in many areas, are also the main routes to market. At the same time these firms tend to have market power if competition between them is weak. In crude terms, it is critical whether these firms are able to focus on extracting rents through market power, or whether the returns reward their effort, creativity and entrepreneurship. Competition authorities and economic regulators are critical institutions in restraining the market power of firms while at the same tie taking into account the need to incentivise investment. The book maps out key issues in competition through four key industry studies across Southern and East Africa. It considers the nature and extent of market power, the development of large firms, their production, investment and the prices of products across countries. This takes into account the work of competition authorities in the different countries and the implications of industrial policies. The concluding chapter draws out critical implications for competition, regional integration and economic development. This fills a big gap as there are no similar publications relating to this important topic."-- From Publisher's Website

A casebook that discusses all the mega mergers and acquisitions in terms of value, that have happened in different industry sectors such as pharmacy, technology, telecommunications, media and entertainment, electrical and electronics, energy, finance, consumer goods, metals, and automobile and airlines

Using case studies to discuss mega mergers and acquisitions in terms of value, this volume analyses a variety of different industry sectors such as pharmacy, technology, telecommunications, media and entertainment, electrical and electronics, energy, finance, consumer goods, metals, automobiles and airlines. Each chapter explores the trends and motives of mergers and acquisitions in a different sector, before analysing the largest deals in that industry. The author discusses the highlights of each deal and the strategic reasons for the merger or acquisition.

Address before the Am. historical association, New York, Dec. 27, 1946.

At head of title: 88th Cong., 1st sess. Joint committee print. ; Mode of access: Internet.

At head of title: 88th Cong., 1st sess. Joint committee print. ; Mode of access: Internet.