We study, with various methods (standard large N evaluation of the functional
integral for the effective potential, solution of the Schwinger-Dyson
equations), the high temperature phase transition for the N-component
ϕ4 theory in the large N limit. Our results fully confirm a previous
investigation of the problem, for arbitrary N, with the method of the average
potential which employs renormalization group ideas. The phase transition is of
the second order with an effectively three-dimensional critical behaviour. }Comment: DESY-93-004, 23 pages, 2 figures available by fax upon reques