460 Pages
    by Routledge

    460 Pages
    by Routledge

    Effects 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.

    I The Cement Industry:P. Lesley Cook 1. Introduction 2. The Period Before 1900, and the Formation of the Associated Portland Cement Manufacturers Ltd. 3. The Immediate Effects of the Formation of the APCM, 1900-7 4. Price Agreements, 1900-10 5. The Second Combine, 1911 6. 1918-29 7. 1929-34 8. Price Stability, 1934-9 9. 1939-55 10. Conclusions Appendix II The Calico Printing Industry:P. Lesley Cook 1. Introduction 2. Before the Merger, 1850-1900 3. The Formation of the Calico Printers' Association Ltd 4. The Early Years of the Association, 1900-2 5. 1902-14 6. The Declining Industry, 1918-39 7. 1945-54 8. The Role of the Combine (a) 1919-54 (b) Conclusions Appendix: Fixed and Variable Costs III The Soap Industry: Ruth Cohen 1. Introduction 2. Expansive Without Acquisitions, 1885-1906 3. The Abortive Combine, 1906 4. The Period of Acquisitions, 1906-21 5. The Period of Consolation and Rationalization 1921 Onwards 6. Conclusions Appendix: Number of Soap Producers in Great Britain at Selected Dates IV The Flat-Glass Industry:P. Lesley Cook 1. Introduction 2. The Establishment of the Modern Industry 3. 1910-14 4. The Industry Since 1918 a. Major Technical Developments in Sheet Glass b. Major Developments in Plate Glass c. Cost Structure and Market Structure and their Relationship with Price and Output Policy d. Commercial History of the Sheet Glass Trade e. Commercial History of the Plate Glass Trade f. Rolled, Wired, Figured and Cathedral Glass 5. The Subsidiary Activities of Pilkington Brothers 6. Conclusions V The Motor Industry:George Maxcy 1. Introduction 2. The Early Experimental Years, 1896-1901 3. The Period of Small-scale Competition, 1902-22 4. The Beginning of Mass Production, 1923-9 5. Price and Model Competition, 1930-9 6. Post-War Expansion, 1945-55 7. A Comparison with the USA 8. Conclusions VI The Brewing Industry:John Vaizey 1. Introduction 2. The First Period of Mergers, 1886-1901 3. Mergers in a Depressed Period, 1900-14 4. Continuous Concentration 5. Conclusions General Conclusions Index

    Biography

    P Lesley Cook