After roughly 15 years of merger control application in the Federal Republic of Germany a reassessment of the significance of this instrument of antitrust policy seems necessary. This is particularly so in view of the reorientation of merger control policy in the United States which has been -...

After roughly 15 years of merger control application in the Federal Republic of Germany a reassessment of the significance of this instrument of antitrust policy seems necessary. This is particularly so in view of the reorientation of merger control policy in the United States which has been -...

I. The Perception of Competition as a Dynamic Process -- II. Premises and Assumptions of the Chicago School’s Concept of Competition -- 1. Rationality and Autonomy of Economic Agents -- 2. Perfectly Competitive Markets -- 3. Workability of the Market Mechanism -- 4. Lang-run Effectiveness of...