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Globalization and the Limits of National Merger Control Laws (Hardcover, 2003 Ed.)
Loot Price: R6,340
Discovery Miles 63 400
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Globalization and the Limits of National Merger Control Laws (Hardcover, 2003 Ed.)
Series: International Competition Law Series Set
Expected to ship within 10 - 15 working days
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In the early 21st-century, companies pursue their goals with little
regard for national borders. However, it remains true that business
activity is regulated to a significant extent by each national
jurisdiction. This is particularly true of mergers; as anyone knows
who has ever been involved in a transnational merger in multiple
jurisdictions, the knottiest problems and issues arise from
variations in national competition and merger laws. This text
offers an in-depth proposal for an international merger control
regime that is firmly grounded in and supported by a framework of
economic and legal theory. It arrives at its conclusions along
three major avenues: a study of the concepts of global public good
and consumer welfare that underlie the progress of globalization;
detailed analyses of the two most important and highly developed
merger law systems, those of the European Union and the United
States; and a systematic and comprehensive review of the major
existing proposals, both institutional and scholarly, for an
international merger control regime. A special chapter is devoted
to the complex custodial role of the World Trade Organization, both
in its present activity and as it is envisioned in the various
proposals.
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