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There are legal grounds to hear competitors in merger control proceedings, and competitor involvement has gained significance. To what extent this is economically sensible is our question. The competition authority applies some welfare standard while the competitor cares about its own profit. In...
Persistent link: https://www.econbiz.de/10010492989
The paper explores the competition dynamics of the global seed market. It documents the growth strategies of the major seed companies, in particular their M&A activity and their reliance on complex intellectual property strategies in order to offer a one stop shop solution to farmers. Recent...
Persistent link: https://www.econbiz.de/10012993243
Merger control exists to help safeguard effective competition. However, findings from a natural experiment suggest that regulatory merger control reduces the profitability of corporate acquisitions. Uncertainty about merger control decisions reduces takeover threats from foreign and very large...
Persistent link: https://www.econbiz.de/10012902705
exemption for so-called ministerial cartels under Section 8 GWB was discarded without replacement. Similar to the still existing … from the general ban on cartels under Section 1 GWB for "predominant reasons relating to the economy as a whole and the … the much-discussed instrument of ministerial approval under Section 42 GWB by a regulation on the exemption of cartels …
Persistent link: https://www.econbiz.de/10012261718
antitrust exemption, access rules to Judo tournaments, sale systems of media rights in European football as well as a unique …
Persistent link: https://www.econbiz.de/10011750292
This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition … central features of antitrust policy. Our objective is to foster the improvement of legal regimes and also to identify topics …
Persistent link: https://www.econbiz.de/10014023495
This paper examines the evolution of national competition (antitrust) policies and enforcement approaches vis …
Persistent link: https://www.econbiz.de/10011723874
Competition agency guidelines, policy statements and related advocacy are an important vehicle for policy expression and the guidance of firms across the full spectrum of anti-competitive practices and market conduct. The role of guidelines and policy statements has, arguably, been particularly...
Persistent link: https://www.econbiz.de/10011810287
States is particularly resistant to various efforts at international harmonization of antitrust law. While others have … international antitrust agreement, there is an inherent “transaction benefit” in the act of engaging in political exchange between … in which to examine these ideas. Negotiations over antitrust policy are particularly important because as government …
Persistent link: https://www.econbiz.de/10014205509
Antitrust regulators play a critical role in protecting market competition. We examine whether the political process … affects antitrust reviews of merger transactions. We find that acquirers and targets located in the political districts of … powerful U.S. congressional members who serve on committees with antitrust regulatory oversight receive relatively favorable …
Persistent link: https://www.econbiz.de/10012064904