Einzelnachricht

Merger control decides about merger proposals based on an economic assessent of the likely post-merger effects. Often, remedies are agreed upon that seek to safeguard competition after the merger. However, in very dynamic industries with fast changing markets, it is notoriously difficult or impossible to realiably compute and predict post-merger effects based upon pre-merger data. In such cases, it may be – under certain ciciumtances beneficial for society to introduce a second stage ofer merger control which reviews the merger and its effects on dynamic competition again several years after the merger in  order to adjust remedies. In this publication, Oliver Budzinski (TU Ilmenau) as well as Patrice Bougette and Frédéric Marty (both University of Nizza) discuss the pros and cons of this concept with a view to merger control in the European Union.