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European Merger Control: Do We Need An Efficiency Defence?.

European Merger Control: Do We Need An Efficiency Defence?.

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  • ISBN:9781845424916
  • Editorial: Edward Elgar
  • Fecha de la edición:
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  • Dimensiones: 0 cm x 0 cm
  • Nº Pág.:352
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During its first fifteen years, the EUs merger control system, unlike most others in the world, offered only minimal possibilities for taking efficiency gains into account as a mitigating factor that might offset the anti-competitive effects of a merger. 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.

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