More cross-border competition, and more reliable consumer protection, would do wonders to integrate the market.

ECONOMIST: European banks

But such limits might be hard to square with the principles of the European single market, which is meant to encourage cross-border competition.

ECONOMIST: Smuggling

See page 160 for the survey, which will help you keep up in a world of cross-border hostile mergers, global competition and ADRs.

FORBES: Sidelines

But it may be that outside forces are more important: for example, a European Union that forbids cosy cartels, American pension funds that demand open accounts for their investments in France, or even the influence of the euro in promoting competition and cross-border mergers.

ECONOMIST: Eva Joly, France’s elite-hunting magistrate | The