European merger control : do we need an efficiency defence / edited by Fabienne Ilzkovitz, Roderick Meiklejohn.

Format:

Book

Contributor:

Ilzkovitz, F.

Meiklejohn, Roderick.

Commission of the European Communities.

Language:

English

Subjects (All):

Consolidation and merger of corporations--Law and legislation--European Union countries.

Consolidation and merger of corporations.

Consolidation and merger of corporations--European Union countries.

Genre:

Electronic books.

Physical Description:

1 online resource (ix, 326 p. ) ill. ;

Place of Publication:

Cheltenham ; Northampton, Mass. : Edward Elgar, c2006.

Language Note:

English

Summary:

"During its first 15 years, the EU's merger control system, unlike most others in the world, offered only minimal possibilities for taking efficiency gains into account as a mitigating factor that might offset the anti-competitive effects of a merger. This book examines the background to a change in the legal framework which occurred in May 2004 with the entry into force of a new Merger Regulation that for the first time explicitly recognizes the possibility of an efficiency defence. European Merger Control assesses the likely impact of this new regulation, and discusses the pros and cons of the efficiency defence, how other merger control systems deal with efficiencies, how the investigation process can be organized to accommodate the analysis of efficiency gains and the main theoretical and practical problems which arise when anti-competitive effects have to be weighed against efficiency gains."--Jacket.

Contents:

M & A activity and merger control since 1991 / Roderick Meiklejohn

European merger control : do we need and efficiency defence? / Fabienne Ilzkovitz and Roderick Meiklejohn

Efficiency gains from mergers / Lars-Hendrik Röller, Johan Stennek, and Frank Verboven

Merger control and enterprise competitiveness : empirical analysis and policy recommendations / Johan Stennek and Frank Verboven

Efficiencies in merger control / Jrissy Motis, Damien Neven, and Paul Seabright.

Notes:

"Published on behalf of the Commission of European Communities."

Includes index.

Includes bibliographical references and index.

ISBN:

9781781952993

178195299X