Certain industries,like telecommunications and financial services,are especially suited for being midsize and local,so these companies are not trying to become bigger or merge with other big companies.

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The last 20 years have seen a surge in mergers.Certain industries,like oil,telecommunications,automobiles,financial services,and pharmaceuticals for instance,aren't suited to being midsize,let alone small and local,so companies in these industries are trying to become bigger and cross-border.The means for doing so is to merge with other big companies.

Certain Industries,like Telecommunications and Financial Services,are Especially Suited for Being