The trustbusters' new tools: activist competition policy is back in style. Thank big changes in economic thinking

Article Abstract:

American economic thinking in the 1970s and 1980s was unanimously opposed to government interference with competition. The unprecedented number of mergers in the 1990s have resulted in renewed interest in antitrust enforcement. Observations on the impact of monopolies are included.

Analysis, Competition (Economics), Monopolies

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The puzzling infirmity of America's small firms

Article Abstract:

The health and number of small companies, as measured by real GDP per company, is decreasing after steady growth in the 1980s. Observers speculate that better-managed large firms, consolidation of smaller firms, and a diminished amount of venture capital are causing the trend.

Small business, Statistics, Venture capital

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Four takeovers and a wedding: French business

Article Abstract:

Recent takeover attempts of French businesses, including the hostile attempt by Evran to take over Worms & Compagnie, have boosted the value of the stock market. The newfound attempts to create a capitalist economy will take time in a country not used to mergers of companies.

France, Privatization, Privatization (Business), Capitalism

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