Extrait
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
- Citation du texte
- Veronika Minkova (Auteur), 2011, Critically assess the role of efficiencies in merger assessment, Munich, GRIN Verlag, https://www.grin.com/document/179302
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