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M&A Activity and Merger Control since 1991

In: European Merger Control

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  • Roderick Meiklejohn

Abstract

This book examines the background to a change in the legal framework which occurred in May 2004 with the entry into force of a new Merger Regulation that for the first time explicitly recognises the possibility of an efficiency defence. European Merger Control assesses the likely impact of this new regulation, and discusses the pros and cons of the efficiency defence, how other merger control systems deal with efficiencies, how the investigation process can be organised to accommodate the analysis of efficiency gains and the main theoretical and practical problems which arise when anti-competitive effects have to be weighed against efficiency gains.

Suggested Citation

  • Roderick Meiklejohn, 2006. "M&A Activity and Merger Control since 1991," Chapters, in: Fabienne IIzkovitz & Roderick Meiklejohn (ed.), European Merger Control, chapter 1, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:3915_1
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    Keywords

    Economics and Finance; Law - Academic;

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