Mergers and market power in the US steel industry

1996 ◽  
Vol 3 (4) ◽  
pp. 221-223 ◽  
Author(s):  
Craig A. Gallet
Keyword(s):  
2007 ◽  
Author(s):  
Bruce Blonigen ◽  
Benjamin Liebman ◽  
Wesley Wilson

2021 ◽  
pp. 026327642199944
Author(s):  
Quinn Slobodian

This article recounts the backlash against the neoliberal constitutionalism that locked in free trade and capital rights through the multilateral treaty organizations of the 1990s. It argues that we can find important forces in the disruption of the status quo among the elite losers of the 1990s settlement. Undercut by competition from China, the US steel industry, in particular, became a vocal opponent of unconditional free trade and a red thread linking all of Trump’s primary advisers on matters of trade. Steel lobbyists themselves helped frame a critique of actually existing neoliberal globalism, which Trump both adopted and acted on as part of his trade war. By searching for the contemporary attack on neoliberal constitutionalism among the disgruntled corporate elite, we find that our current crisis must be framed as a backlash from above as well as one from below.


Author(s):  
Ariel Ezrachi

‘Mergers and acquisitions’ discusses mergers and acquisitions. While of potential benefit to society, mergers, takeovers, share acquisitions, and joint ventures also affect the market structure, and at times may reduce competition. When markets become more concentrated following a merger, we move further away from a competitive market structure to a structure in which market power might undermine the competitive process. To address this risk, the competition agency must assess the impact of the transaction. There are important procedural differences between the European administrative system and the US system in terms of the appraisal of mergers and acquisitions. Other types of mergers include: horizontal mergers, vertical mergers, and conglomerate transactions.


2004 ◽  
Vol 11 (15) ◽  
pp. 957-959 ◽  
Author(s):  
Deergha Raj Adhikari

2013 ◽  
Vol 42 (4) ◽  
pp. 395-413 ◽  
Author(s):  
Bruce A. Blonigen ◽  
Benjamin Liebman ◽  
Wesley W. Wilson

2016 ◽  
Vol 9 (3) ◽  
pp. 272
Author(s):  
Myeong Hwan Kim ◽  
Yongseung Han ◽  
Carolyn Fabian Stumph
Keyword(s):  

1993 ◽  
Vol 25 (9) ◽  
pp. 1339-1359 ◽  
Author(s):  
B Ó hUallacháin

Recent reorganization of the US iron and steel industry provides a useful setting for an analysis of the relationship between industrial location and institutional forms. Regression analysis shows that institutional shifts in the organization of production dominated geographical shifts in employment and product value as integrated maxi-mills sought to raise productivity. The reorganization of production includes mill abandonment, increased subcontracting by maxi-mills in the initial stages of production, horizontal penetration by mini-mills in the sheet-steel market, and the growing integration of steel finishing and automobile assembly as firms that belong to Japanese corporate groups expand their operations in the USA. Maxi-mills are concentrating investment and production in the Midwest states as their joint ventures with Japanese steel firms specialize in the mass production of galvanized sheets for the automobile industry. Locational shifts also include the national spread of scrap-processing mini-mills and the rapid decline of raw-steel production in Pittsburgh as maxi-mills close furnaces and mills producing construction-grade bars and rods.


Sign in / Sign up

Export Citation Format

Share Document