Merger control plays a central role in competition policy. When assessing proposed mergers, Competition Authorities should consider its impact on all relevant markets. Large mergers between manufacturers typically impact competition, thus requiring the approval of Competition Authorities....

This paper uses export and import shares of intermediate goods to assess the extent of integration of G20 and non-G20 nations, including least developed countries (LDCs), in global value chains (GVCs). The G20's intermediate trade, especially the imports, recovered fast during and immediately...