West Germany: Comeback of the Combine

Originally the Common Market pledged itself to prevent the rise of the great industrial cartels that were the bane of prewar Europe. But now a different philosophy guides the Eurocrats. It is that the whole world is the coming market, and that for Europeans to win a larger share of it they must build companies as big as the American giants. Last week the Common Market approved in principle a major reconcentration of the Ruhr's legendary but war-splintered Thyssen steel empire. The six-nation High Authority said that a "favorable decision" can be expected within a month on the petition...

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