about 18 years ago
After POSCO having expressed its intention to make an independent bid for Daewoo Shipbuilding & Marine Engineering (DSME), concerns have risen that the possible acquisition might hurt “fair competition’’ among shipbuilders. Experts say the acquisition, if realized, is highly likely to prompt the wor
After POSCO having expressed its intention to make an independent bid for Daewoo Shipbuilding & Marine Engineering (DSME), concerns have risen that the possible acquisition might hurt “fair competition’’ among shipbuilders.
Experts say the acquisition, if realized, is highly likely to prompt the world’s fourth-largest steel maker to create a monopoly in the steel industry at a time when steel prices for constructing vessels are unexpectedly high due to a supply and demand imbalance.
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