This book makes use of rich empirical data from the supply chain of three fundamentally different industries, aerospace, beverages and retail. It develops an original analytical framework - the 'cascade effect'-to explain recent dramatic changes in industrial concentration across the whole supply chain of these three industries. This provides an original insight into the determinants of industrial structure in the epoch of globalization. It also has significant theoretical implications, as well as practical policy implications, especially for firms and policy-makers in developing countries.