It is the people at the top, for example the two CEOs in a merger, who set the example by their behavior in front of others. The other senior executives will take their clues from the examples they see, and this will percolate down through the management.
One of the key jobs of democratic governance is choosing the nature of the marketplace we want to support. What rules about mergers or sitting on multiple boards would have made a difference in the development of Koch Industries?
When merging companies talk about cost savings through "synergy," the workers know that pink slips are usually on the way. That's what we can expect if FCC Chairman Genachowski allows a merger of T-Mobile and MetroPCS to go through without conditions to protect employment.
If airlines and car rental companies want to increase market share, the big guys should have to earn it by winning the business and loyalty of their customers; not by gobbling up competitors or driving them out of business
Three arts organizations in Dayton, Ohio, recently made history by merging together. The Dayton Ballet, Dayton Philharmonic Orchestra and Dayton Opera are now going to be one organization named Dayton Performing Alliance.
If Express Scripts is allowed to merge with Medco, it is very possible that the consolidated PBM will use its size and dominance to steer patients away from their local pharmacy and toward the company's own services.
American consumers, still worried about finding or keeping their jobs and paying their bills in today's troubled economy, could receive another blow if a major health-industry merger between Express Scripts, Inc. and Medco Healthy Solutions is approved.
As regulators consider the Express Scripts/Medco merger, they should consider the patient's point of view -- and whether the market is already so concentrated that the proposed merger will simply make an existing problem worse.