By mapping theories of harm that have been applied in recent digital merger cases and considering the analyses that have already been undertaken, this note explores the question of whether existing theories of harm are well suited or should be further adapted to comprehensively capture...

Economic analysis is central to effective merger review. This paper was prepared as background for a discussion on Economic Analysis in Merger Investigations held at the 2020 OECD Global Forum on Competition.

This paper defines conglomerate mergers, setting out the reasons why firms engage in them and lays out the classical theories of harm associated with tying and bundling. It also describes how these theories have been adapted to digital markets, highlighting some of the key efficiencies stemming...

Standards in competition policy, such as the consumer welfare standard or the protecting competition standard, are the subject of considerable debate. This paper considers the relative advantages and disadvantages of alternative standards by first identifying their desirable attributes and then...

China has become one of the world's leading destinations for foreign direct investment (FDI). However, while cross-border mergers and acquisitions (M&A) have become the dominant form of global FDI flows, they remain a relatively small part of FDI flows into China. In reviewing developments since...

New patterns of globalisation are accelerating the internationalisation of industry and reshaping industrial structure at the global level. Rapidly growing cross-border mergers and acquisitions (M&As) and strategic alliances are distinctive features of globalisation in the current era. They have...

This subset of the financial balance sheet dataset includes data on consolidated financial balance sheet stocks of financial assets and liabilities by institutional sectors where transactions presented by sectors and countries.Data are expressed in millions of national currency at current prices...