Most contemporary business developments can, if you try hard, be linked to 1992 and the single market. With takeovers you don't even have to try. The official Cecchini Report makes clear that mergers and acquisitions to eliminate smaller and supposedly less efficient units will be the driving force of intensified competition and restructuring to exploit economies of scale.
Thompson, P., Wallis, T. and Flecker, J. (1991), "The Urge to Merge: Organisational Change and the Merger and Acquisition Process in Europe", Management Research News, Vol. 14 No. 10, pp. 32-32. https://doi.org/10.1108/eb028184
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