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It's true that during the crisis, the government explicitly and implicitly supported mergers.
France and Germany want more control over antitrust policy after Mr. Monti blocked politically supported mergers like Schneider Electric's bid for Legrand and ordered the repayment of billions of euros of aid that the two countries, along with Britain, provided to support ailing companies like Bull of France, MobilCom of Germany and British Energy.
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However, they may be chastened enough by the recent losses to support mergers with other state-owned banks.
Surveys are frequently used by economists supporting mergers, for example, who try to show that consumers would happily switch to a competitor if the merged company raised prices.
"The political will to support mergers is higher than it has ever been," said Katharina Barten, a senior analyst at Moody's Investors Service, who added that she expected consolidation to take several years.
WALL STREET JOURNAL » American Airlines Union Call on Bosses to Support Merger | Three unions at American Airlines appealed to the company's board of directors to support the proposed merger with rival carrier US Airways, Reuters reports.
So to those elders who risked life and limb for access to the democratic project, had cigarettes put on their face so I could vote, and risked their careers in supporting "merger reforms," I want to apologize.
Mr. McCall said today that he had supported that merger.
(A spokesman for the company said both Mr. Logan and Mr. Bewkes supported the merger).
US Airways said in a statement that more than 99 percent of the shares that were voted on Friday supported the merger.
The Columbia Urban League in South Carolina, which supported the merger, got a $25,000 grant from the foundation.
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