Dynamic Efficiencies and Technological Progress in EC Merger Control

Dynamic Efficiencies and Technological Progress in EC Merger Control
Author :
Publisher :
Total Pages : 91
Release :
ISBN-10 : OCLC:1308400606
ISBN-13 :
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Book Synopsis Dynamic Efficiencies and Technological Progress in EC Merger Control by : Magdalena Laskowska

Download or read book Dynamic Efficiencies and Technological Progress in EC Merger Control written by Magdalena Laskowska and published by . This book was released on 2015 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is a well-established fact that economic growth largely hinges upon technological progress, and that productivity gains are key to rising incomes and living standards. As high technology industries have significantly increased their prominence in global economic performance in the 1980s and 1990s, and economic policy has increasingly focused on innovation, merger laws have become a crucial part of antitrust enforcement on both sides of the Atlantic. In recent years, many mergers and acquisitions of control have occurred in innovation-driven industries. Hence, it is important to ask a fundamental question: how does the competition authorities' decisional practice reflect the importance of technological progress? Due to space limitations, we have restrained our review of how conventional merger control accounts for technological progress only to the European Commission's decisional practice. Our analysis provides an exhaustive review of all the phase II merger decisions taken by the European Commission from the establishment of merger control at Community level (21 December 1989) to 21 September 2008.


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