Market leaders: all change at the top

Article Abstract:

Research was conducted to determine how UK companies assume commanding market positions and how they maintain their front-running market rankings or lose them. Analysis of the market rankings for 54 industries in both 1979 and 1986 reveals that the ranking of leading businesses in industries is fairly stable over time: 216 of the 270 market leaders identified in 1979 were still in the top five rankings of their industry in 1986. Mergers and acquisitions was the major reason companies fell out of the top rankings, accounting for approximately half of the changes in the rankings. The market share of the firms also is stable over time. Research results indicate that larger companies are more successful and more likely to survive. Achieving and maintaining a top status within an industry is indicative of superior management, a factor which made the company successful in the first place.

Analysis, Surveys, Corporations, Market share, Corporations, British

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Aviation in the 90s: what Europe can learn from the States

Article Abstract:

The airline industry in the European Community (EC) is being liberalized in anticipation of the imminent single European market of 1992. Currently, the industry is divided between charter operators, which are covered by few regulations, and state-owned national flag carriers that have a monopoly on scheduled traffic. The lack of competition in scheduled air routes has led to inefficiency and high fares when compared with the US and charter markets. The liberalization of the EC airline industry will enhance competition, but it is likely that the larger flag carrier airlines will be the bigger beneficiaries. Following the deregulation of the US airline industry in 1978, the major carriers, which had better resources than did the smaller entrepreneurial airlines, dominated the market. This is the likely scenario for the EC as well.

Air transportation, scheduled, Europe, Airlines

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On the move but in touch

Article Abstract:

The UK mobile communications industry grew rapidly in the 1980s and it is predicted that the spectacular growth will continue into the 1990s. The expansion has been made possible by improvements in technology and the liberalization of regulation by the 1981 British Telecommunications Act. In 1990, the traditional private mobile radio networks (PMR) will be joined by two new methods of mobile communications which are set to be introduced: personal communication networks, which use smaller structures and handsets and will be cheaper than PMR; and telepoint, hand portable telephones which are more convenient than current models of cellular phones. The success of these new products will be depend on the quality of the services each offers, their cost, and their ability to match of services to consumer desires.

Cellular telephones, Wireless telephones, Cellular telephone equipment industry

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