New Industrial Economics and Experiences from European Merger Control
Author : Erhard Kantzenbach
Publisher :
Page : 106 pages
File Size : 16,73 MB
Release : 1995
Category : Business & Economics
ISBN :
Author : Erhard Kantzenbach
Publisher :
Page : 106 pages
File Size : 16,73 MB
Release : 1995
Category : Business & Economics
ISBN :
Author : Erhard Kantzenbach
Publisher :
Page : 76 pages
File Size : 50,48 MB
Release : 1994
Category :
ISBN :
Author : Erhard Kantzenbach
Publisher :
Page : 94 pages
File Size : 49,57 MB
Release : 1995
Category :
ISBN :
Author : Catalin Stefan Rusu
Publisher : Kluwer Law International B.V.
Page : 306 pages
File Size : 36,8 MB
Release : 2010-01-01
Category : Business & Economics
ISBN : 9041132597
Twenty years of experience have inevitably brought to light challenges and tensions in the enforcement of the European merger control system. Some of these challenges have been faced, some have been solved and some remain latent. This very valuable study starts from the proposition that the EU has never fully acknowledged those fundamental challenges which relate to the rationale behind merger control in Europe. The author shows how the Commission's focus on adapting the rules of merger control to the economic realities of the future business environment, although designed with a view to facilitating European integration, has compromised attainment of legal certainty, transparency and welfare enhancement. In its detailed evaluation of the 'future market structure prediction process' embedded in European merger control policy, this book approaches two rock-bottom, far-reaching questions: In what ways does merger control promote consumer and societal welfare? Is the Commission able to correctly predict the outcome of any given concentration transaction? These considerations take the reader through a deep and searching analysis that calls into question the very credibility and transparency of the system, leading to alternatives which promise a new clarity of purpose and procedure. The author describes how these recommendations can be integrated into the functioning framework of the European project. Taken fully into account along the way is a wide spectrum of relevant source material, including the following: applicable articles and chapters of the founding and subsequent European Treaties; secondary European legislation concerning competition and merger activity; domestic competition laws; guidelines, notices and action plans; competition law reviews, statements of intentions; draft legislative attempts; speeches on the enactment and purpose of merger control; Member States' views concerning European merger control as expressed during Council negotiations; officially available concentration-related statistics; and a wide-ranging literature review covering both the legal and economic sides of merger control. Throughout, the author substantiates theoretical assertions with case law examples, clearly exposing doctrines arising from such cases as Continental Can, Phillip Morris/Rothmans and the Airtours, Schneider and Tetra Laval trilogy. A unique feature of the analysis draws on the author's personal experience while working for a Brussels competition law firm. This book is a remarkable compound of academic guide to the roots and rationales of the European Merger Control System, practical guide to the day-to-day intricacies of merger control enforcement, and 'raw' guide for decision makers and merger control law enforcers. It will be of immense value in all three contexts.
Author : Ulrich Schwalbe
Publisher : Oxford University Press
Page : 477 pages
File Size : 41,3 MB
Release : 2009-10
Category : Business & Economics
ISBN : 0199571813
Co-written by an expert lawyer and economist, this book provides a thorough guide to the economic theory behind the regulation of mergers. The economic theory is then used to analyse the current state of European competition law, and test the success of the European Commission's search for a 'more economic approach' to merger regulation.
Author : F. Ilzkovitz
Publisher : Edward Elgar Publishing
Page : 0 pages
File Size : 43,94 MB
Release : 2006
Category : Consolidation and merger of corporations
ISBN : 9781845424916
During its first 15 years, the EU's merger control system offered only minimal possibilities for taking efficiency gains into account as a mitigating factor that might offset the anti-competitive effects of a merger. The policy changed in May 2004 and this book examines the background to that change.
Author : Stefan Voigt
Publisher : Springer Science & Business Media
Page : 200 pages
File Size : 36,64 MB
Release : 2005-10-24
Category : Political Science
ISBN : 1402030908
Making European Merger Policy More Predictable analyses European Merger Control with regard to its capacity to generate predictability among the concerned parties. Starting from the premise that predictability is of overwhelming importance for the functioning of market economies, Voigt and Schmidt ask to what degree European Merger Control has been predictable over the last couple of years. The authors show both theoretically and empirically that there have been serious shortcomings with regard to the predictability of competition policy. They identify the insufficient recognition of the consequences of globalization on the competitive processes as well as an often inconsistent application of economic theory as the root causes for the lack of predictability. The inconsistent application of economic theory is particularly relevant with regard to potential competition and the evaluation of collective dominance. The authors generate a substantial number of proposals that could help to improve predictability. On this basis, Voigt and Schmidt critically assess the recent reforms of European Merger Control.
Author : Edurne Navarro Varona
Publisher :
Page : 65 pages
File Size : 22,26 MB
Release : 2005
Category : Business & Economics
ISBN : 0199276056
This second edition provides an exhaustive analysis of the European Community rules relating to merger control, including the new EC Merger Regulation 139/2004 of 20 January 2004 which entered into force on 1 May 2004 and the latest interpretive notices adopted by the European Commission. The book draws upon the authors' detailed and practical knowledge of the subject as officials at DG Competition and practitioners specialising in this field, and will be updated through a companion website.
Author : F. Ilzkovitz
Publisher :
Page : 326 pages
File Size : 17,30 MB
Release : 2006-01-01
Category : Consolidation and merger of corporations
ISBN : 9789289434867
"During its first 15 years, the EU's merger control system, unlike most others in the world, offered only minimal possibilities for taking efficiency gains into account as a mitigating factor that might offset the anti-competitive effects of a merger. This book examines the background to a change in the legal framework which occurred in May 2004 with the entry into force of a new Merger Regulation that for the first time explicitly recognizes the possibility of an efficiency defence. European Merger Control assesses the likely impact of this new regulation, and discusses the pros and cons of the efficiency defence, how other merger control systems deal with efficiencies, how the investigation process can be organized to accommodate the analysis of efficiency gains and the main theoretical and practical problems which arise when anti-competitive effects have to be weighed against efficiency gains."--Jacket.
Author : Damien J. Neven
Publisher :
Page : 330 pages
File Size : 33,89 MB
Release : 1993
Category : Business & Economics
ISBN :
In this recent volume, the authors react to the latest development in the European Community--the EC Merger Regulation--approved by the European Council of Ministers and analyze how this decision will impact mergers and regulation in the future for Europe.