The New Substantive Test in the EC Merger Regulation—Bridging the Gap between Economics and Law?

Author:

Monti Giorgio

Abstract

In the last 20 years, the application of EC competition law by the Commission has been increasingly informed by economics. However, whilst the Commission has operated an economically enlightened regime in the field of merger control as a whole, its policy on conglomerate mergers and ambiguity over the role of efficiencies have received adverse comment. Several defeats in the Court of First Instance suggested poor handling of economic evidence in the merger review process.

Publisher

Cambridge University Press (CUP)

Subject

Law

Reference24 articles.

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3. Quantifying the effects from horizontal mergers in European competition policy

4. Transatlantic Divergence in GE/Honeywell: Causes and Lessons;Patterson;Antitrust,2001

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