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The Suitability of the European Merger Control System: An Analysis of Five Years of Application / Die Eignung des europäischen Fusionskontrollsystems zur Erfassung wettbewerbswidriger Zusammenschlüsse: Eine Analyse von fünf Jahren Anwendungspraxis

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  • Schmidt Ingo L. O.

    (Universität Hohenheim, Institut für Volkswirtschaftslehre, Fruwirthstraße/Schloß 1, D-70593 Stuttgart (Hohenheim))

Abstract

On September 21, 1990 the European Merger Control System became effective. The author discusses three problems that have arisen in the European debate on establishing a supra-national merger control, namely, the question of: - turnover thresholds to institute control proceedings, - purely competitive or a mixed competitive-industrial policy criterion a la France to take action against anti-competitive mergers, and - residual national jurisdiction should a national market dominant position be created rather than a Community-wide restraint of trade. Finally, the author tries to evaluate the decisions taken by the European Commission up to the end of 1995 and proposes institutional changes in the merger control system, as the workability of the existing system can only be improved by making use of institutional economics.

Suggested Citation

  • Schmidt Ingo L. O., 1996. "The Suitability of the European Merger Control System: An Analysis of Five Years of Application / Die Eignung des europäischen Fusionskontrollsystems zur Erfassung wettbewerbswidriger Zusammenschlüsse," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 215(3), pages 287-307.
  • Handle: RePEc:jns:jbstat:v:215:y:1996:i:3:p:287-307:n:1004
    DOI: 10.1515/jbnst-1996-0304
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