--- title: "Meaning & Key Takeaway of: consolidation, coupled with a desire…" description: "\"“consolidation, coupled with a desire among the survivors to restore normal profit levels, helps to usher in an era of orderly competition based on ser..." image: "https://sms4smile.com/quotes/i/7c6/greg-thain-1820_market-share_consolidation-coupled-with-a-desire-amon_45649.jpg" --- # consolidation, coupled with a desire among the survivors… ![“consolidation, coupled with a desire among the survivors to restore normal profit levels, helps to usher in an era of orderly competition based on serving the variety of wants. In 1975, Carrefour became the first foreign retailer in Brazil. Through a period of aggressive mergers and acquisitions…” quote by Greg Thain](https://sms4smile.com/quotes/i/7c6/greg-thain-1820_market-share_consolidation-coupled-with-a-desire-amon_45649.jpg) [Download](https://sms4smile.com/quotes/i/7c6/greg-thain-1820_market-share_consolidation-coupled-with-a-desire-amon_45649.jpg) [Open image](https://sms4smile.com/quotes/i/7c6/greg-thain-1820_market-share_consolidation-coupled-with-a-desire-amon_45649.jpg) > ““consolidation, coupled with a desire among the survivors to restore normal profit levels, helps to usher in an era of orderly competition based on serving the variety of wants. In 1975, Carrefour became the first foreign retailer in Brazil. Through a period of aggressive mergers and acquisitions, they increased their market share and forced smaller competitors to leave or consolidate. In 1999, the largest national retailer, Companhia Brasileira de Distribuicao, merged with Casino Guichard Perrachon & Cie, to compete against the growing foreign chains, which now hold 40% of the market. The outcome has been a more orderly market where each is large and successful enough not to have to resort to permanent cut-throat price competition.”” [Greg Thain](https://sms4smile.com/quotes/author/greg-thain/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Consolidation and profit normalization foster orderly competition, reducing cut‑throat pricing as large retailers dominate market share. **In simple terms:** Mergers create stable, less aggressive markets. Key Takeaway Scale can curb price wars. Themes market dynamics competition consolidation profit strategy retail industry Mood analytical cautious Type analytical explanatory When to use this quote - entering a new market - facing foreign competition - dealing with price wars - strategic expansion - industry regulation Key Concepts economies of scale strategic mergers market entry barriers Practical Applications - strategic planning for M&A - policy analysis of retail markets Questions to Reflect On - How does market concentration affect consumer prices? - What safeguards can prevent anti‑competitive behavior? A Different Perspective Large consolidations can also reduce consumer choice and increase prices, potentially harming welfare. ★ ★ ★ ★ ★ No ratings yet [Carrefour Foreign](https://sms4smile.com/quotes/about/carrefour-foreign-670319/) [Consolidation](https://sms4smile.com/quotes/about/consolidation/) [Foreign Retailer](https://sms4smile.com/quotes/about/foreign-retailer-670320/) [Market share](https://sms4smile.com/quotes/about/market-share/) [Mergers and acquisitions](https://sms4smile.com/quotes/about/mergers-and-acquisitions/) [Retailer Brazil](https://sms4smile.com/quotes/about/retailer-brazil-670318/) [Retailer Companhia](https://sms4smile.com/quotes/about/retailer-companhia-670321/) ## Related quotes > [Tough times helped many commodities traders become lean and mean through consolidation, mergers and cost cutting. All that excess supply has been sopped up.](https://sms4smile.com/quotes/jim-rogers/tough-times-helped-many-commodities-traders-become-lean-and-mean/) [Jim Rogers](https://sms4smile.com/quotes/author/jim-rogers/) > [“The Mergers and Acquisitions Framework You might use the mergers and acquisitions framework to address cases in which one company wants to acquire or…](https://sms4smile.com/quotes/victor-cheng/the-mergers-and-acquisitions-framework-you-might-use-the-mergers-and/) [Victor Cheng](https://sms4smile.com/quotes/author/victor-cheng/) > [Most corporate name changes are the result of mergers and acquisitions. But these tend to be unimaginative.](https://sms4smile.com/quotes/james-surowiecki/most-corporate-name-changes-are-the-result-of-mergers-and/) [James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/) > [“The world is now being dominated by few Giant organizations that influence and dectate our consuming behavior.”](https://sms4smile.com/quotes/anonymous/the-world-is-now-being-dominated-by-few-giant-organizations-that/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“Peter Drucker once observed that the drive for mergers and acquisitions comes less from sound reasoning and more from the fact that doing deals…](https://sms4smile.com/quotes/james-c-collins/peter-drucker-once-observed-that-the-drive-for-mergers-and/) [James C. Collins](https://sms4smile.com/quotes/author/james-c-collins/) > [Mergers and acquisitions, we are always looking for that.](https://sms4smile.com/quotes/john-l-flannery/mergers-and-acquisitions-we-are-always-looking-for-that/) [John L. Flannery](https://sms4smile.com/quotes/author/john-l-flannery/) > [“One study of corporate mergers and acquisitions—some of the highest-stakes decisions executives make—showed that 83% failed to create any value for shareholders.”](https://sms4smile.com/quotes/chip-heath/one-study-of-corporate-mergers-and-acquisitions-some-of-the-highest/) [Chip Heath](https://sms4smile.com/quotes/author/chip-heath/) > [“As always, behind the flow of money necessary for such mergers and acquisitions were the banks. Once there were hundreds of banks in America,…](https://sms4smile.com/quotes/jim-marrs/as-always-behind-the-flow-of-money-necessary-for-such-mergers-and/) [Jim Marrs](https://sms4smile.com/quotes/author/jim-marrs/) > [The Internet has taken shape with startlingly little planning? The most universal and indispensable network on the planet somehow burgeoned without so muchasa boardofdirectors,…](https://sms4smile.com/quotes/james-gleick/the-internet-has-taken-shape-with-startlingly-little-planning-the/) [James Gleick](https://sms4smile.com/quotes/author/james-gleick/) > [Much of what is called investment is actually nothing more than mergers and acquisitions, and of course mergers and acquisitions are generally accompanied by…](https://sms4smile.com/quotes/susan-george/much-of-what-is-called-investment-is-actually-nothing-more-than/) [Susan George](https://sms4smile.com/quotes/author/susan-george/) > [I spent many hours slaving away, day and night, bleary eyed, on multi-million pound takeovers, mergers and acquisitions, and the rest. It could sound…](https://sms4smile.com/quotes/chuka-umunna/i-spent-many-hours-slaving-away-day-and-night-bleary-eyed-on-multi/) [Chuka Umunna](https://sms4smile.com/quotes/author/chuka-umunna/) > [“So, you work with Marcy?” Wayne earned points for what appeared to be sincere interest. “Yes. She’s in public accounting and I’m in corporate,…](https://sms4smile.com/quotes/megan-hart/so-you-work-with-marcy-wayne-earned-points-for-what-appeared-to-be/) [Megan Hart](https://sms4smile.com/quotes/author/megan-hart/) > [Don't you know what marriage means in this world? They are mergers and acquisitions disguised as marriages. In other words, the takeover syndromes.](https://sms4smile.com/quotes/seo-do-young/don-t-you-know-what-marriage-means-in-this-world-they-are-mergers-and/) [Seo Do-young](https://sms4smile.com/quotes/author/seo-do-young/) > [When you buy enough stocks to give you control of a target company, that's called mergers and acquisitions or corporate raiding. Hedge funds have…](https://sms4smile.com/quotes/michael-hudson/when-you-buy-enough-stocks-to-give-you-control-of-a-target-company/) [Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/) > [“Hello," She said. There was a long silence. "Hello," said Artemis again. "Are you talking to me?" said the tree. It had a faint…](https://sms4smile.com/quotes/marie-phillips/hello-she-said-there-was-a-long-silence-hello-said-artemis-again-are/) [Marie Phillips](https://sms4smile.com/quotes/author/marie-phillips/) ## More by Greg Thain > [“Marketing aims/image: A retailer that has positioning aims (e.g. trying to improve its image with respect to healthy food or trying to upstage wholesaler…](https://sms4smile.com/quotes/greg-thain/marketing-aims-image-a-retailer-that-has-positioning-aims-e-g-trying/) [Greg Thain](https://sms4smile.com/quotes/author/greg-thain/) > [“Every dominant brand (such as those listed in Table 5.1) has had to reinvest in mindspace every year to keep its position. However, things…](https://sms4smile.com/quotes/greg-thain/every-dominant-brand-such-as-those-listed-in-table-5-1-has-had-to/) [Greg Thain](https://sms4smile.com/quotes/author/greg-thain/) > [“If the manufacturer can convince the retailer that delisting will hurt consumer satisfaction and possibly lead to store switching, then that will be second…](https://sms4smile.com/quotes/greg-thain/if-the-manufacturer-can-convince-the-retailer-that-delisting-will/) [Greg Thain](https://sms4smile.com/quotes/author/greg-thain/) > [“As retailers have become competitors of manufacturers in many product categories, they reserve more shelfspace for their private label brands and dominate advertising spending…](https://sms4smile.com/quotes/greg-thain/as-retailers-have-become-competitors-of-manufacturers-in-many-product/) [Greg Thain](https://sms4smile.com/quotes/author/greg-thain/) > [“High fixed costs mean that high volumes are an ever-essential objective. One”](https://sms4smile.com/quotes/greg-thain/high-fixed-costs-mean-that-high-volumes-are-an-ever-essential/) [Greg Thain](https://sms4smile.com/quotes/author/greg-thain/) > [“Importance of price: Price is imperative for FMCG retailers, much more so than for manufacturers. Retailers must constantly keep their real prices competitive and put…](https://sms4smile.com/quotes/greg-thain/importance-of-price-price-is-imperative-for-fmcg-retailers-much-more/) [Greg Thain](https://sms4smile.com/quotes/author/greg-thain/) > [“Hoping to create a little prestige, some retailers develop and advertise premium clothes sub-brands. In 2006, Myer, one of Australia’s largest retailers, launched a…](https://sms4smile.com/quotes/greg-thain/hoping-to-create-a-little-prestige-some-retailers-develop-and/) [Greg Thain](https://sms4smile.com/quotes/author/greg-thain/) > [“The shift of power to retailers is not an inevitable phenomenon: technological changes and associated innovative ideas have been instrumental in moving power and…](https://sms4smile.com/quotes/greg-thain/the-shift-of-power-to-retailers-is-not-an-inevitable-phenomenon/) [Greg Thain](https://sms4smile.com/quotes/author/greg-thain/) > [“Because retail brands are barely differentiated, they are relatively fragile when compared to the largest manufacturer brands, despite having, in general, much higher awareness…](https://sms4smile.com/quotes/greg-thain/because-retail-brands-are-barely-differentiated-they-are-relatively/) [Greg Thain](https://sms4smile.com/quotes/author/greg-thain/) > [“There are some FMCG categories where retailers are destined to control mindspace. These are the low-technology, low-image, low-novelty areas. Retailers are likely to be…](https://sms4smile.com/quotes/greg-thain/there-are-some-fmcg-categories-where-retailers-are-destined-to/) [Greg Thain](https://sms4smile.com/quotes/author/greg-thain/) > [“In markets where consumers are sensitive to quality differences (e.g. washing powder, instant coffee, sanitary protection) the share for generics and copycats usually plateaus…](https://sms4smile.com/quotes/greg-thain/in-markets-where-consumers-are-sensitive-to-quality-differences-e-g/) [Greg Thain](https://sms4smile.com/quotes/author/greg-thain/) > [“Direct consumer contact is an advantage for retailers, as 70% of shoppers make purchase decisions in stores and are thus open to last-minute persuasion. The”](https://sms4smile.com/quotes/greg-thain/direct-consumer-contact-is-an-advantage-for-retailers-as-70-of/) [Greg Thain](https://sms4smile.com/quotes/author/greg-thain/) > [“Fresh produce and other ‘destination’ products can create a sustainable differential advantage, as they have the potential for deciding the destination of the shopper.…](https://sms4smile.com/quotes/greg-thain/fresh-produce-and-other-destination-products-can-create-a-sustainable/) [Greg Thain](https://sms4smile.com/quotes/author/greg-thain/) > [“PRIVATE LABEL IS booming. In Europe and the United States during the period 2000–2010, private label was responsible for the majority of the growth…](https://sms4smile.com/quotes/greg-thain/private-label-is-booming-in-europe-and-the-united-states-during-the/) [Greg Thain](https://sms4smile.com/quotes/author/greg-thain/) > [“Procter & Gamble, America’s largest FMCG company, announced the acquisition of Gillette. Both companies had decades of success developing technologically advanced products and building…](https://sms4smile.com/quotes/greg-thain/procter-gamble-america-s-largest-fmcg-company-announced-the/) [Greg Thain](https://sms4smile.com/quotes/author/greg-thain/) [Explore all 206 Greg Thain quotes ](https://sms4smile.com/quotes/author/greg-thain/) ## More Consolidation quotes > [The effect of the discovery of printing was evident in the savage religious wars of the sixteenth and seventeenth centuries. Application of power to…](https://sms4smile.com/quotes/harold-innis/the-effect-of-the-discovery-of-printing-was-evident-in-the-savage/) [Harold Innis](https://sms4smile.com/quotes/author/harold-innis/) > [Every industry, as it comes to a certain level of maturity, there is consolidation. In that consolidation, some fall, but the men will always…](https://sms4smile.com/quotes/arundhati-bhattacharya/every-industry-as-it-comes-to-a-certain-level-of-maturity-there-is/) [Arundhati Bhattacharya](https://sms4smile.com/quotes/author/arundhati-bhattacharya/) > [But as the plan of the convention aims only at a partial union or consolidation, the State governments would clearly retain all the rights…](https://sms4smile.com/quotes/alexander-hamilton/but-as-the-plan-of-the-convention-aims-only-at-a-partial-union-or/) [Alexander Hamilton](https://sms4smile.com/quotes/author/alexander-hamilton/) > [Consolidation in the skiing equipment industry cannot be allowed to lead to higher prices, lower quality or less innovative products,](https://sms4smile.com/quotes/neelie-kroes/consolidation-in-the-skiing-equipment-industry-cannot-be-allowed-to/) [Neelie Kroes](https://sms4smile.com/quotes/author/neelie-kroes/) > [With autonomous cars, you're gonna see more consolidation. Once we have transport modules, you order off the phone and brands won't matter anymore. When…](https://sms4smile.com/quotes/bob-lutz/with-autonomous-cars-you-re-gonna-see-more-consolidation-once-we-have/) [Bob Lutz](https://sms4smile.com/quotes/author/bob-lutz/) > [When we feel an obligation to test the things we say and to find the boundaries within which what we say has validity, then…](https://sms4smile.com/quotes/rudolf-steiner/when-we-feel-an-obligation-to-test-the-things-we-say-and-to-find-the/) [Rudolf Steiner](https://sms4smile.com/quotes/author/rudolf-steiner/) > [I talked about the consolidation of power in the hands of the corporate bureaucracy, as distinct from the stockholders. To this view, I still…](https://sms4smile.com/quotes/john-kenneth-galbraith/i-talked-about-the-consolidation-of-power-in-the-hands-of-the/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) > [Just as important as getting enough sleep is thinking about sleep in the right way. Stop thinking of sleep and naps as “downtime” or…](https://sms4smile.com/quotes/richard-restak/just-as-important-as-getting-enough-sleep-is-thinking-about-sleep-in/) [Richard Restak](https://sms4smile.com/quotes/author/richard-restak/) > [Economic globalization creates wealth, but only for the elite who benefit from the surge of consolidations, mergers, global scale technology, and financial activity.](https://sms4smile.com/quotes/anita-roddick/economic-globalization-creates-wealth-but-only-for-the-elite-who/) [Anita Roddick](https://sms4smile.com/quotes/author/anita-roddick/) > [Colombians! My last wish is for the happiness of the patria. If my death contributes to the end of partisanship and the consolidation of…](https://sms4smile.com/quotes/simon-bolivar/colombians-my-last-wish-is-for-the-happiness-of-the-patria-if-my/) [Simon Bolivar](https://sms4smile.com/quotes/author/simon-bolivar/) > [We have believed at CA that consolidation of this industry is something that was required ten years ago.](https://sms4smile.com/quotes/sanjay-kumar/we-have-believed-at-ca-that-consolidation-of-this-industry-is/) [Sanjay Kumar](https://sms4smile.com/quotes/author/sanjay-kumar/) > [There has to be a period of consolidation in the IT industry. Similarly in pharma, I think India is going to be a world…](https://sms4smile.com/quotes/rakesh-jhunjhunwala/there-has-to-be-a-period-of-consolidation-in-the-it-industry/) [Rakesh Jhunjhunwala](https://sms4smile.com/quotes/author/rakesh-jhunjhunwala/) > [History shows fans want consolidation; you see it across the web every place. The big players are people like Google, Amazon, eBay, Facebook.](https://sms4smile.com/quotes/irving-azoff/history-shows-fans-want-consolidation-you-see-it-across-the-web-every/) [Irving Azoff](https://sms4smile.com/quotes/author/irving-azoff/) > [If you look across the economy, if you have multiple players in an industry, you have more customization, more innovation, greater choice for consumers.…](https://sms4smile.com/quotes/ro-khanna/if-you-look-across-the-economy-if-you-have-multiple-players-in-an/) [Ro Khanna](https://sms4smile.com/quotes/author/ro-khanna/) > [In the European context tax rates are high and government expenditure is focused on current expenditure. A 'good' consolidation is one where taxes are…](https://sms4smile.com/quotes/mario-draghi/in-the-european-context-tax-rates-are-high-and-government-expenditure/) [Mario Draghi](https://sms4smile.com/quotes/author/mario-draghi/) [Browse all 84 Consolidation quotes ](https://sms4smile.com/quotes/about/consolidation/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "“consolidation, coupled with a desire among the survivors to restore normal profit levels, helps to usher in an era of orderly competition based on serving the variety of wants. In 1975, Carrefour became the first foreign retailer in Brazil. Through a period of aggressive mergers and acquisitions, they increased their market share and forced smaller competitors to leave or consolidate. In 1999, the largest national retailer, Companhia Brasileira de Distribuicao, merged with Casino Guichard Perrachon & Cie, to compete against the growing foreign chains, which now hold 40% of the market. 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