01011pab a2200181 454500008004000000100001700040245006400057260000900121300001500130362001000145520045400155650002300609650003100632773003400663909001000697999001700707952010500724180718b2000 xxu||||| |||| 00| 0 eng d aNagesh Kumar aMergers and acquisitions by MNEs: patterns and implications c2000 ap.2851-858 a5 Aug aA competition policy is more, not less, important with liberalised FDI inflows. This is because of growing mergers and acquisitions by multination enterprises concentrate market power. Unlike greenfield investments, M and As may not add to the stock of capital in the country, nor bring in new knowledge or lead to knowledge spillover. The hope for benefits of FDI inflows will accrue only if there is an appropriate competition policy. - Reproduced aForeign investment aTransnational corporations aEconomic and Political Weekly a45699 c45699d45699 00104070aIIPAbIIPAd2018-07-19hVolume no: 35, Issue no: 32pAR46123r2018-07-19w2018-07-19yAR