Column – Who speaks up for SMEs when giants get bigger?
“The challenge is ensuring that, in the pursuit of scale, we do not lose the competitive diversity that helps markets remain healthy.”
In his latest Bdaily column, Kiran Fothergill, director of Pickerings Lifts and chair of The Jobs Foundation North East, explores what the proposed merger between KONE and TK Elevator means not just for the lift industry, but for competition across the wider economy.
As markets become increasingly concentrated, he argues that customer choice, innovation and healthy competition must remain at the heart of business growth.
Kiran highlights the vital role SMEs play in driving innovation, creating jobs and responding quickly to changing market conditions.
He also warns that while mergers can deliver benefits, maintaining a diverse business landscape is essential to keeping markets dynamic and competitive.
Read more here: https://lnkd.in/eAPAueEz
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