Mergers and acquisitions occur for many legitimate reasons and
should be encouraged as a matter of general policy, yet the
resulting increase in the level of market concentration and market
strength can lead to concerns that certain 'deals' may irreparably
damage the market structure and create anti-competitive effects.
This volume explores the competition concerns arising out of
mergers and acquisitions, the reasons for merger control and the
fundamental options that face all jurisdictions intent on
implementing an effective merger control regime. The volume acts as
a guide through the development of merger control law, policy and
scholarly thought and includes commentary on each of the key stages
of any effective merger control regime. The articles consider the
objectives of merger control and the broader political landscape
within which mergers take place; the procedural issues in merger
control, including jurisdictional matters and due process; the
different substantive legal standards incorporated into merger
control; the relevant theories of harm and the appropriate
treatment of efficiencies; and the use of remedies in merger
control. The chosen articles mainly, but not exclusively, focus on
the US and EU, and several adopt a cross-disciplinary approach
encompassing law, political science and economics.
General
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