Critically assess the role of efficiencies in merger assessment


Essay, 2011

20 Pages, Grade: 1,3


Excerpt


Table of Contents

1. Introduction

2. The European Commission’s approach towards efficiencies
2.1. Efficiencies not as a defence argument but as a factor in overall appraisal
2.1. Measuring efficiencies against the competitive harm?

3. The choice of welfare standard
3.1. Total welfare standard
3.2. Consumer welfare standard

4. Typology of efficiencies
4.1. Allocative, Productive and Dynamic Efficiencies
4.2 Five categories of merger-specific efficiencies based on the concept of the production function
4.3. Real cost savings and redistributive (pecuniary) cost savings
4.4. Fixed and variable costs

5. Conditions for taking efficiencies into account
5.1. Benefits to consumers
5.2. Merger specificity
5.3. Verifiability

6. Commission’s decisional practice towards horizontal efficiencies

7. Non-horizontal mergers

8. Conclusion

Excerpt out of 20 pages

Details

Title
Critically assess the role of efficiencies in merger assessment
College
University of Reading
Course
European Competition Law
Grade
1,3
Author
Year
2011
Pages
20
Catalog Number
V179302
ISBN (eBook)
9783656016984
ISBN (Book)
9783656016670
File size
559 KB
Language
English
Keywords
competition law, M&A
Quote paper
Veronika Minkova (Author), 2011, Critically assess the role of efficiencies in merger assessment, Munich, GRIN Verlag, https://www.grin.com/document/179302

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