chapter  6
10 Pages

SOME TOPICS IN THE RECENT HISTORY OF THE IMPORT TRADE

In addition to the dominant position of one firm a (comparatively) small group of firms (including the dominant firm) is seen to import and distribute merchandise imports of the order of two-thirds of the total, and an even larger proportion of the principal staples of West African trade. This broad pattern of concentration appears to have come into being by the early 1930's. There is evidence that the dominant firm lost ground in the 1930's in certain directions. This was slightly more than compensated for by its acquisition of several previously independent firms.