The Single European Market, Multinationals and Concentration: The Case of Food Manufacturing

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Abstract
This paper examines the logic and implications of the Single European Market for the food manufacturing sector. It points to the role of multinationals in this sector and the process of concentration through merger and acquisition as a central growth strategy. It suggests that rather than encourage further concentration, European policy should concern itself with the benefits as well as the problems of regional differentiation and the complementarity rather than the conflict of different scales of production and distribution.

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