Efficiency gains from mergers

Abstract: "The purpose of this discussion paper is to contribute to the analysis of two questions. Should a merger control system take into account efficiency gains from horizontal mergers, and balance these gains against the anti-competitive effects of mergers? If so, how should a system be designed to account for efficiency gains? The report is divided into five separate parts. The discussion paper is based on a report to the European Commission. To help answer the two questions we start with an extensive review of the relevant economic research, including both theoretical and empirical work. Next, we review the current practice in seven O.E.C.D. jurisdictions. Finally, we propose a merger control system, emphasising the central role of informational limitations. Based on our conclusions from the empirical literature that efficiencies may need to be assessed on a case-by-case basis, we construct an information-economising two-stage decision framework for evaluating mergers. In a first stag

Object Details

• Alternative title: Effizienzgewinne von Unternehmenszusammenschlüssen
• Location: Deutsche Nationalbibliothek Frankfurt am Main
• Extent: Online-Ressource, 134 S.
• Language: Englisch
• Notes: Veröffentlichungsversion

References and Relationships

• Bibliographic citation: Discussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Marktprozeß und Unternehmensentwicklung, Abteilung Wettbewerbsfähigkeit und industrieller Wandel ; Bd. 00-09

Classification and Topics

• Keyword: OECD ; Europäische Union ; Fusion ; Unternehmenskonzentration ; Effizienz ; Funktionsfähiger Wettbewerb ; Fusionskontrolle ; Theorie

Contributors, Places and Time

• Event: Veröffentlichung
• (where): Berlin
• (when): 2000
• Creator: Röller, Lars-Hendrik ; Stennek, Johan ; Verboven, Frank
• Contributor: Wissenschaftszentrum Berlin für Sozialforschung gGmbH

Further information

• URN: urn:nbn:de:0168-ssoar-116083
• Rights: Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
• Last update: 25.03.2025, 1:47 PM CET