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Cross-border and domestic megamergers continue to make headlines, but megamergers themselves are not new. What is new is their size, along with the fact that they increasingly occur across national boundaries. Gup and his panel of distinguished contributors take a careful look. They explain why these mergers are occurring, examine their critical characteristics and possible consequences, and cover a variety of industries, focusing heavily on banking. They also examine some of the regulatory issues these mergers have created.