EU Merger Policy
Gilbert Becker
Abstract
Gilbert Becker
Abstract
Abstract The development of the regulatory control of mergers in the EU is presented in this article. The primary legal foundation, the 2004 EC Merger Regulation, is examined along with the reorganization of the EU's merger control unit and its procedures. The new standard for evaluating a proposed merger, which is the likelihood of the merger significantly impeding effective competition, is discussed along with some of its applications. Parallels and areas of continued divergence with US merger policy are also presented.
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Abstract The development of the regulatory control of mergers in the EU is presented in this article. The primary legal foundation, the 2004 EC Merger Regulation, is examined along with the reorganization of the EU's merger control unit and its procedures. The new standard for evaluating a proposed merger, which is the likelihood of the merger significantly impeding effective competition, is discussed along with some of its applications. Parallels and areas of continued divergence with US merger policy are also presented.
Key concepts: Merger control, Parallels, Competition policy, Competition (biology), Divergence (linguistics), Control (management), Industrial organization, International trade