This paper argues that in revising the Takeover Bid Directive, EU policymakers should adopt a neutral approach toward … both value-creating and value-decreasing and there is no way to tell ex ante which kind they are. Unfortunately, takeover … hinders takeover activity in the EU, the paper identifies three rationales for a takeover-neutral intervention of the EU in …

, and takeover law …

The development of U.S. state takeover law in the past three decades has produced considerable and quite possibly … excessive protection for incumbent managers from hostile takeovers. Although the shortcomings of state takeover law have been … produce even worse takeover arrangements. This paper puts forward a novel form of federal intervention in the regulation of …