The recent financial crisis has illustrated the unprecedented difficulties that companies faced as well as the initiatives that were adopted at corporate and government level in order to mitigate the adverse impact of the crisis.A strategic response for struggling firms and one of the means of...

Buyer power may provide a countervailing force to enhanced seller power, and unless it leads to successive power, it may lead to lower prices in the downstream market. However, buyer power may also be socially detrimental when it is not in the presence of strong seller power. In that case it may...

Non price considerations in merger control and unilateral conduct enforcement have been elements of the competition authorities’ assessment in the last few decades. Recently a revamped emphasis on such factors and in particular on the importance of innovation has characterised the European...

This paper focuses on the assessment of mergers, and in particular on unilateral effects analysis where innovation plays an important role. The paper discusses the economic theories behind innovation, how we move from the traditional product-by-product market definition to pipeline competition...

The article will discuss the boundaries of UK merger control set by national security concerns against the background of public interest considerations in the decisional practice of the competent authorities. The article will first present an overview of the existing legal framework for...

This article deals with some important and complex issues which concern the assessment of a merger involving a failing firm. Competition authorities have recognised the importance of a merger/acquisition in avoiding bankruptcy as well as the impact of the failing firm defence on entry in the...

In this article we will evaluate whether the application and the efficiency of two types of empirical analysis in the assessment of mergers in jurisdictions applying the dominance and the SLC tests are different due to the application of the different legal substantive test. Thus, we will...