The conventional method in determining the market position of undertakings — defining the relevant market, ascertaining the market shares, ‘‘qualitative'' analysis — has had to face more and more competition in the past decades. For some issues, there exist more suitable methods of...

Firms engage in mergers for many reasons, some of which create value for both the firm's shareholders and society, some that create value only for the firm's shareholders, and some that fail even to do that. A considerable body of research concludes that most mergers do not create value for...

This paper examines the aims behind the incorporation of competition rules into the European project and studies how the development of the doctrine has been molded to the specific circumstances and outlooks encountered in post-war Europe. It is argued that the objectives of competition law in...