A flight plan for Europe?
Article Abstract:
The European Commission will be laying the foundations for a single European airline market through early 1992. The Commission would like to stimulate competition among the airlines of both European Community (EC) and European Free Trade Association (EFTA) members, create economic benefits for consumers, and establish a single authority for both the EC and EFTA that will negotiate with non-European countries. The Commission does not want to repeat the US experience of airline deregulation, in which many US airlines were weakened or bankrupted and the industry came to be dominated by a few major carriers. The Commission would like to stimulate competition in the European air market through liberalization rather than through deregulation in order to encourage the airlines to spread risks, achieve economies of scale, and improve their marketing.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1991
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Opening the bidding
Article Abstract:
The European Commission has promulgated rules to foster open competition for the procurement of government contracts by the member nations of the European Community (EC). Member nations are supposed to liberalize their procurement rules to allow foreign companies to compete fairly for contracts. At the end of 1991, EC member states are supposed to create national oversight agencies that will monitor the compliance of countries with EC procurement rules. The oversight agencies are supposed to ensure that contracts are reviewed effectively and rapidly and to investigate complaints from aggrieved parties.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1991
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A new watchdog for megamergers
Article Abstract:
The European Commission (EC) wants the power to approve Pan-European mergers on a case-by-case basis. The EC claims that the plan would protect competition in Europe and provide a single, unbiased merger authority. The plan has encountered strong opposition from national governments, which are reluctant to give up veto power to the EC. There is also some question about the EC's legal right to enforce such a directive. The ultimate decision will not only affect merger activity in Europe, but will also be a major test of the EC's strategy to create a single market in Europe by 1992.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1987
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