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首页> 外文期刊>Journal of consumer policy >Stephen G. Hannaford: Market Domination! The Impact Of Industry Consolidation On Competition, Innovation, And Consumer Choice
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Stephen G. Hannaford: Market Domination! The Impact Of Industry Consolidation On Competition, Innovation, And Consumer Choice

机译：斯蒂芬·汉纳福德：市场统治！行业整合对竞争，创新和消费者选择的影响

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摘要

Nowadays, many mergers take place and industries tend to consolidate. The author claims to describe the observable fact of worldwide industrial consolidation and he is interested in business managers' motivations and behaviours. Since oligopolies are a common phenomenon, with this book he desires to contribute to the current discussion regarding this omnipresent trend, which already can be seen when for example drinking coffee. In the first chapter of Market Domination! the author explains key expressions like monopoly and the new oligopoly. He argues that there has always been an urge for companies to merge, but this urge has never been as strong as it is nowadays. Companies have the possibility to merge or acquire other companies, as long as it is within legal boundaries. In order to measure concentration, two methods are explained, namely the concentration ratio and the Herfindahl-Hirschman index, where the last one is often used in courts concerning antitrust cases. In addition, in antitrust cases, market-definition, narrow or broad, can also be determining for the outcome of a process. Moreover, companies strive to be number one or two in the market, resulting in the fact that they often define a narrow market leading to more oligopolies.
机译：如今，发生了许多合并，行业趋于合并。作者声称描述了全球产业整合的可观察事实，并且他对业务经理的动机和行为感兴趣。由于寡头现象是普遍现象，因此他希望通过这本书为有关这种无所不在的趋势的当前讨论做出贡献，例如在喝咖啡时已经可以看到这种趋势。在市场支配的第一章！作者解释了诸如垄断和新的寡头之类的关键表达方式。他认为，一直存在着公司合并的冲动，但是这种冲动从未像现在这样强烈。只要公司在法律界限之内，就有可能合并或收购其他公司。为了衡量集中度，解释了两种方法，即集中度比率和Herfindahl-Hirschman指数，其中最后一种经常用于与反托拉斯案件有关的法院。此外，在反托拉斯案件中，狭窄或广泛的市场定义也可以决定过程的结果。此外，公司努力成为市场上的第一或第二，这导致他们常常定义一个狭窄的市场，导致更多的寡头。

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  • 来源
    《Journal of consumer policy》 |2008年第4期|p.497-499|共3页
  • 作者

    Suzanne Heijnen;

  • 作者单位

    Utrecht University, Utrecht, The Netherlands;

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  • 正文语种 eng
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