Making European Merger Policy More Predictable
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Making European Merger Policy More Predictable

Making European Merger Policy More Predictable


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About the Book

Making European Merger Policy More Predictable analyses European Merger Control with regard to its capacity to generate predictability among the concerned parties. Starting from the premise that predictability is of overwhelming importance for the functioning of market economies, Voigt and Schmidt ask to what degree European Merger Control has been predictable over the last couple of years. The authors show both theoretically and empirically that there have been serious shortcomings with regard to the predictability of competition policy. They identify the insufficient recognition of the consequences of globalization on the competitive processes as well as an often inconsistent application of economic theory as the root causes for the lack of predictability. The inconsistent application of economic theory is particularly relevant with regard to potential competition and the evaluation of collective dominance. The authors generate a substantial number of proposals that could help to improve predictability. On this basis, Voigt and Schmidt critically assess the recent reforms of European Merger Control.

Table of Contents:
Predictability as a Crucial Condition for Economic Growth and Development.- Developments in Competition Theory.- Trends in the Business Environment.- Possible Consequences of Trends in Theory (B) and Developments in Business (C) for Competition Policy.- Case Studies.- Practical Proposals.

Review :
Aus den Rezensionen: "Mit dem vorliegenden Buch liefern Stefan Voigt und Andre Schmidt einen beachtenswerten Beitrag zur kritischen Analyse ... der Europaischen Kommission. ... Die Vorschlage sind insgesamt gut fundiert ... Als abschliessende Wurdigung ist festzuhalten, dass Voigt und Schmidt einen wichtigen und lesenswerten Beitrag zur Analyse der EU-Fusionskontrolle vorgelegt haben. Die grosse Starke ihres Buches liegt nach Meinung des Rezensenten darin, wichtige Aspekte anzusprechen. ... Das vorliegende Buch enthalt sowohl interessante Einsichten in die Entscheidungspraxis der Europaischen Kommission als auch konstruktive Vorschlage zu deren weiterer Verbesserung." (Arndt Christiansen, in: ZWeR - Zeitschrift fur Wettbewerbsrecht, 2006, Issue 3, S. 322 ff.)


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Product Details
  • ISBN-13: 9781402030895
  • Publisher: Springer-Verlag New York Inc.
  • Binding: Hardback
  • Language: English
  • Returnable: Y
  • Width: 155 mm
  • ISBN-10: 1402030894
  • Publisher Date: 31 Dec 1899
  • Height: 235 mm
  • No of Pages: 194
  • Returnable: Y


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