Nickname: Amber Ved

Review: Just tells me that the old capitalism(EU) needs to learn from new capitalism(U.S.) and be aware of latest capitalism (third world). EU got to open up as the era of capitalism per se is over. The new era is the era of globalization and one can get competition from any part of the world. Blocking merger deals can delay but can not stop the process of globalization. Trying to stop takeovers and blocking mergers would be like ostrichsizing oneself. Just to clear this up Mittal Steel has no name in India. It can't be called an Indian company by any measure.

Date reviewed: Apr 27, 2006 3:36 AM