They are taking out a competitor, and it allows them to generate economies of scale.

The catch, Mr. Levine notes, is that hubs generated far greater economies for big carriers.

The cost of agricultural machinery requires larger farm sizes to generate economies of scale.

ABMs take a "bottom-up" approach and can generate extremely complex and volatile simulated economies.

Thus the IPO focussed market will fade away, and the internet will become a commodity, dominated by global companies who can generate economies of scale.

It may even have a permanent effect due to the dynamic process generating economies of scale.

Institutions with a decent track record are better able to control costs and more efficient at evaluating loans while a larger loan book will generate economies of scale.

Now, with the advent of client-server and departmental computing, it is much harder to generate such economies of scale.

That will generate huge economies of scale for LTE equipment vendors, both in network equipment and in devices.

Mr. Fahey said the deal would generate "economies of scale and cross-selling opportunities for our continuity book and record business."