This paper analyses lawsuits against shareholders' resolutions according to the German Stock Corporation Act (AktG) and the German Reorganisation Act (UmwG). A merger passed at the General Annual Meeting will not move forward as long as any lawsuit is pending with a court. In particular, mergers...

In the middle of last century, policymakers and the courts came to accept the “Chicago school” interpretation of antitrust: unless it is demonstrated that consumers are being harmed, government should not intervene in firm concentration. Recently, some commentators have charged that this...