Efficiencies as a Defense in merger control analysis: a comparison of European and American Merger Policy

Seminar Paper , 2006 , 18 Pages , Grade: 1

Business economics - Miscellaneous

Effizienzgewinne als Verteidigungsargument in Fusionskontrollverfahren. Es wird die Handhabung in den USA und Europa vergleichend dargestellt.

Table of Contents

I. Introduction:

II.) Efficiency gains and market power effects of horizontal mergers:
1.) Anti-competitive Effects:
a) Market Power:
b) Market Power and allocative efficiency:
2.) Efficiency Gains:
a) Productive Efficiencies:
b) Dynamic Efficiencies:
c) Rationalisation:
d) Economies of Scale and Scope:
e) Technical Progress:
f) Other efficiencies:

III. )Welfare Analysis:
1.) The total welfare standard:
a) From perfect competition to monopoly:
b) From ‘partial monopoly’ to monopoly:
2. ) The Consumer Welfare standard:
3.) Conclusion:

IV.) Merger Control in Europe and Efficiency Defence:
1.) Enforcement Regime in Europe:
2.) The E.U. approach to efficiencies:
3.) The reform of 2004:

VI.) Concluding Remarks:

Bibliography:

• College: University of Tubingen
• Grade: 1
• Author: Markus Martin (Author)
• Publication Year: 2006
• Pages: 18
• Catalog Number: V186506
• ISBN (eBook): 9783869436579
• ISBN (Book): 9783656994121
• Language: English
• Tags: efficiencies, defense, european, american, merger, policy