ISBN:
9781847209979
Language:
English
Pages:
1 Online-Ressource (xiii, 267 p)
Series Statement:
Edward Elgar E-Book Archive
Parallel Title:
Available in another form
Parallel Title:
Erscheint auch als Davies, Stephen, 1948 - Mergers and merger remedies in the EU
DDC:
338.8/3094
Keywords:
Wettbewerbspolitik
;
Wettbewerbsrecht
;
EU-Recht
;
EU-Staaten
;
Consolidation and merger of corporations
;
Remedies (Law)
;
Europäische Union
;
Mitgliedsstaaten
;
Unternehmenszusammenschluss
;
Rechtsmittel
;
Electronic books
;
Europäische Union
;
Mitgliedsstaaten
;
Unternehmenszusammenschluss
;
Rechtsmittel
;
Geschichte 1990-2006
Abstract:
Mergers and remedies in the EU : an overview -- The literature on merger remedies -- Classification of merger remedies -- Methodology for assessment of mergers and remedies -- Structure and competitive process in paper and board markets -- Assessment of remedies adopted by the EC in paper mergers --Structure and competitive process in pharmaceuticals markets -- Assessment of remedies adopted by the EC in pharmaceuticals mergers -- Conclusions and recommendations.
Abstract:
Headlines are made when the European Commission prohibits a merger, but this is actually very rare. Clearances subject to conditions (i.e. remedies) happen ten times as frequently, but have received far less attention in academic literature. This book provides an empirical assessment of the effectiveness of merger remedies, employing a novel simulation methodology based on formal economic theory. The authors were given unprecedented access to data available to case handlers, concerning a range of remedied mergers covering 21 markets. Using this they have adapted simple simulation techniques to appraise the competitive effects of these mergers and the impact of potential and actual remedies. Ex-ante results are then compared with ex-post impact to examine the actual effectiveness of remedies. The results provide a critique of both simple market share analysis and remedy design. This research thus contributes to economics research and practical merger policy
Note:
Includes bibliographical references (p. 253-261) and index
DOI:
10.4337/9781847209979
URL:
Deutschlandweit zugänglich
URL:
Deutschlandweit zugänglich
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