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An important component of corporate governance is the regulation of significant transactions – mergers, acquisitions, and restructuring. This paper (a chapter in Oxford Handbook on Corporate Law and Governance, forthcoming) reviews how M&A and restructuring are regulated by corporate and...
Persistent link: https://www.econbiz.de/10013051345
The interface and coordination of securities regulation of tender offers, merger review proceedings set up by … competition law and any other bodies of sectoral regulation potentially applicable to a given transaction is a key issue in … governing modern markets. Indeed, Securities Regulation, Competition Law and Regulation impose mandatory conditions and …
Persistent link: https://www.econbiz.de/10014210762
India's Competition Act (2002) was amended in 2007, modifying inter alia the Act's thresholds for merger review, and … opposition in international business and legal circles. Draft merger regulations proposed by the Competition Commission of India … unlikely to cause an appreciable adverse effect on competition in India. We critically evaluate this claim and argue on the …
Persistent link: https://www.econbiz.de/10014216729
Persistent link: https://www.econbiz.de/10014549745
economic issues of competition on dominant platforms, using Amazon as a case study. The paper examines the role of dominant … recommendations to adapt competition law to the challenges of the digital economy …
Persistent link: https://www.econbiz.de/10013233108
The paper analyses the economics behind algorithmic search and recommender services, based upon personalized user data. Such services play a paramount role for online services such as marketplaces (e.g. Amazon), audio streaming (e.g. Spotify), video streaming (e.g. Netflix, YouTube), app stores,...
Persistent link: https://www.econbiz.de/10012417535
Robert Bork's Antitrust Paradox (1978) has been justification for lack of antitrust behavior for over four decades. His test essentially asks if consumers are harmed by the pricing practices of the firm in the market in which they purchase the good or service. Even if these firms are monopoly or...
Persistent link: https://www.econbiz.de/10012804859
The current dispute between the NFL Network and cable operators over carriage arrangements is a sign the market is working rather than failing. Proposed state legislation mandating arbitration for these disputes negates the programming distributor's ability to negotiate price, terms and...
Persistent link: https://www.econbiz.de/10012718245
can lead to a softer merger policy when competition is weaker. … merger between regulated firms when cost synergies are uncertain before the merger and their realization becomes private … information of the merged firm. The optimal merger policy trades off potential cost savings against regulatory distortions from …
Persistent link: https://www.econbiz.de/10010358241
Persistent link: https://www.econbiz.de/10011409157