IDEAS home Printed from https://ideas.repec.org/a/bpj/jbwige/v59y2018i2p343-376n2.html
   My bibliography  Save this article

Marktprognosen im Interesse der Strukturpolitik

Author

Listed:
  • Pahlow Louis

    (Fachbereich Rechtswissenschaft, Institut für Rechtsgeschichte, Goethe-Universität Frankfurt am Main, Campus Westend, Theodor-W.-Adorno-Platz 4, D-60629 Frankfurt a.M., Frankfurt, Germany)

  • Rassow Verena

    (Fachbereich Rechtswissenschaft, Institut für Rechtsgeschichte, Goethe-Universität Frankfurt am Main, Campus Westend, Theodor-W.-Adorno-Platz 4, D-60629 Frankfurt a.M., Frankfurt, Germany)

Abstract

The paper focuses on the forming of expectations by regulatory authorities in the case of merger control after 1973, when the German legislator stipulated a decision by its officials on future competition in relevant markets. The regulatory and decision-making behavior of officials is analyzed on the basis of selected merger procedures in the chemical industry, which underwent far-reaching structural change in the 1970s and 1980s. Here, institutionalization processes for overcoming information asymmetries and the formation of market expectations can be diagnosed inside the office as well as inside the firms. Adaptive expectations with regard to current market diagnoses and legal assumptions (“Vermutungstatbestände”) play a significant role for their forecast decisions. The study is based on previously unpublished files of the Federal Cartel Office.

Suggested Citation

  • Pahlow Louis & Rassow Verena, 2018. "Marktprognosen im Interesse der Strukturpolitik," Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook, De Gruyter, vol. 59(2), pages 343-376, May.
    • Handle: RePEc:bpj:jbwige:v:59:y:2018:i:2:p:343-376:n:2
    DOI: 10.1515/jbwg-2018-0012
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/jbwg-2018-0012
    Download Restriction: no
    File URL: https://libkey.io/10.1515/jbwg-2018-0012?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:jbwige:v:59:y:2018:i:2:p:343-376:n:2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.