Effects of Mergers: Six Studies, Volume 2Effects of Mergers charts the history of six industries with a view to examining the effects of mergers. It deals both with the short and long-term effects of changes in the structure of industry and looks at issues such as whether mergers are in the public interest. The industries covered are: Cement, Textile Printing, Soap, Glass, Motor and Brewing. Some comparative material with industries in the USA is included. |
Contents
GENERAL INTRODUCTION | 11 |
P Lesley Cook | 23 |
Conclusions | 119 |
P Lesley Cook | 136 |
The Formation of the Calico Printers Association | 151 |
The Early Years of the Association 19002 | 157 |
The Declining Industry 191839 | 179 |
The Role of the Combine a 191954 | 202 |
Ruth Cohen | 215 |
onwards | 246 |
Conclusions | 266 |
P Lesley Cook | 277 |
George Maxcy | 353 |
John Vaizey | 397 |
GENERAL CONCLUSIONS | 423 |
APPENDIX Fixed and variable costs | 208 |
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Common terms and phrases
acquired acquisition amalgamation APCM appears beer bought breweries brewing British calico printing capacity capital cement industry Cement Manufacturers cent Chance Brothers Chance's combine competitors concentration considerable costs Crosfield's demand difficult directors dustry economies of scale effects efficiency elimination existing expansion export fact factories Federation Ibid important increased interest large firm large number less Lever Brothers long-period Lord Leverhulme machines major makers ment merchants mergers Monopolies Commission monopoly Motor number of firms O'Hagan organization output pany partly patent period Pilkington's plant plate glass Port Sunlight Portland Cement position possible price agreements price competition price cutting price discrimination Printers probably production profits quota raw materials reduced relatively result rotary kiln scheme selling sheet glass short-period situation small firms sold structure substantial successful supply tied houses tion tons trade Triangle Group Unilever United