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Hmm, not so sure, it a global habit and for each country that does it, then it goes international. Lots of other countries merge their major manufacturers, or a
by NeedMoreTea 7y ago
Hmm, not so sure, it a global habit and for each country that does it, then it goes international. Lots of other countries merge their major manufacturers, or allow them to, then - being 5x larger - find themselves powerless to avoid being bought out by their American cousins.
Has happened to countless engineering, manufacturing, chemical and tech here in Europe. I suspect it would already have happened with most of the last remaining defence players were they not defence players.
We're starting to see similar now China has risen as far as they have. Real competition is really, really unpopular in today's world.