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This paper presents in a retrospective manner economic tools for merger control and market delineation. Particularly, it focuses, via theoretical and empirical standpoint, on price based techniques for merger control such as tools of market delineation in one sided markets as the «Could...
Persistent link: https://www.econbiz.de/10010751622
Over the past forty years, there has been a remarkable transformation in horizontal merger enforcement in the United States. With no change in the underlying statute, the Clayton Act, there has been a dramatic decline in the weight given to market concentration by the federal courts and by the...
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This paper is an attempt to evaluate the impact of Mergers on the performance of the companies. Theoretically it is assumed that Mergers improves the performance of the company due to increased market power, Synergy impact and various other qualitative and quantitative factors. Although the...
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The introduction of the new Greek Competition Act (L. 3959/2011) sets out strict deadlines as to the approval or prohibition of notified concentrations. The aim of this paper is to elaborate the main principles covering Merger Law as applicable in Greece and to provide statistical evidences of...
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Introduction: Market definition analysis, which is often central in merger cases, usually claims to follow the 1992 Horizontal Merger Guidelines issued by the U.S. Department of Justice and the Federal Trade Commission (“Guidelinesâ€). The Guidelines describe a relevant product market...
Persistent link: https://www.econbiz.de/10011131694
By replicating Articles 85 and 86 of the EC Treaty the Danish Competition Act (put in force January 1998) constituted a shift from the control principle to the prohibition principle. This is an important improvement from the point of view that regulatory legislation should be designed to give...
Persistent link: https://www.econbiz.de/10005419401