The City, Takeovers and Mergers

Roy Hattersley

Chapter 11 in Economic Priorities for a Labour Government, 1987, pp 140-149 from Palgrave Macmillan

Abstract: Abstract The Conservatives place unqualified faith in the efficiency of the market. No Government since the war has spoken in such laudatory terms about the virtues of competition. There is much criticism of the Government for what is believed to be its encouragement of unregulated market forces. Its policy towards monopolies and mergers has usually allowed, and often encouraged, the increased concentration of British industry. Its record is deplorable.

Keywords: Small Firm; Fair Trading; Share Price; Competition Policy; Cash Surplus (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-18608-2_11

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DOI: 10.1007/978-1-349-18608-2_11

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