Yet the fact remains that the merger movement must be watched. A few weeks ago, Alan Greenspan warned against the megamergers in the banking industry. Who is going to supervise, regulate and operate as lender of last resort with the gigantic banks that are being created? Won't multinationals shift production from one place to another when a nation gets too strict about infringements to fair competition? And should one country take upon itself the role of defending competition on issues that affect many other nations, as in the U.S. vs. Microsoft case?
63.What is the typical trend of businesses today?
[A]to take in more foreign funds
[B]to invest more abroad
[C]to combine and become bigger
[D]to trade with more countries
64.According to the author, one of the driving forces behind M wave is _________.
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