Making European merger policy more predictable Voigt, Stefan

By:

Voigt, Stefan

Contributor(s):

Schmidt, Andre

Material type: Text

TextPublication details: Netherlands Springer 2005Description: xi, 194 pISBN:

9781402030895

Subject(s):

DDC classification:

338.83

Summary: Making European Merger Policy More Predictable analyses European Merger Control with regard to its capacity to generate predictability among the concerned parties. Starting from the premise that predictability is of overwhelming importance for the functioning of market economies, Voigt and Schmidt ask to what degree European Merger Control has been predictable over the last couple of years. The authors show both theoretically and empirically that there have been serious shortcomings with regard to the predictability of competition policy. They identify the insufficient recognition of the consequences of globalization on the competitive processes as well as an often inconsistent application of economic theory as the root causes for the lack of predictability.

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Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Book	Ahmedabad	338.83 V6M2 (Browse shelf(Opens below))	Available		159964

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Making European Merger Policy More Predictable analyses European Merger Control with regard to its capacity to generate predictability among the concerned parties. Starting from the premise that predictability is of overwhelming importance for the functioning of market economies, Voigt and Schmidt ask to what degree European Merger Control has been predictable over the last couple of years. The authors show both theoretically and empirically that there have been serious shortcomings with regard to the predictability of competition policy. They identify the insufficient recognition of the consequences of globalization on the competitive processes as well as an often inconsistent application of economic theory as the root causes for the lack of predictability.

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