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Defense Industry Consolidation: Competitive Effects of Mergers and Acquisitions

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Report Type Reports and Testimonies
Report Date March 4, 1998
Report No. T-NSIAD-98-112
Subject
Summary:

Fifty mergers have occurred in the defense industry in recent years, a trend that has raised questions about which defense market areas have been affected and how to preserve competition in these areas. This testimony provides a brief overview of consolidation in the defense industry, approaches to preserving competition in a more concentrated industry, and the status of the Pentagon's efforts to improve monitoring of competition.

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