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To: NativeNewYorker
Since mergers are often driven by the plan to cut headcount,

And reduce industry competition.

3 posted on 04/19/2003 1:03:29 PM PDT by Willie Green (Go Pat Go!!!)
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To: Willie Green
Big pharma companies, like the ones in this story, tend not to compete directly with specific products. They tend to merge in order to distribute R&D over a single administrative structure, and acquire capital to fund R&D.

Airline mergers, OTOH, do result in price boosting competition elimination.

4 posted on 04/19/2003 1:08:38 PM PDT by NativeNewYorker (Freepin' Jew Boy)
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