Merger control in the new economy

Abstract: "This paper addresses the potential for conflict between antitrust authorities in the arena of merger control in the new economy. By 'new economy' we mean two related developments. First, the internationalization of the economy, i.e. the ability to sell and produce products world-wide, and secondly, markets with certain characteristics such as network effects and other aspects of natural monopoly. We focus on three types of substantive issues in merger control - market definition, assessment of competitive effects, and the role of remedies. We argue that the scope for conflict varies significantly across these three arenas. In particular, conflict over market definition is less likely. By contrast, the assessment of competitive effects and the role of remedies are areas where conflict between antitrust authorities may be more likely in 'new economy-type' markets." (author's abstract)

Alternative title
Fusionskontrolle in der New Economy
Location
Deutsche Nationalbibliothek Frankfurt am Main
Extent
Online-Ressource, 21 S.
Language
Englisch
Notes
Preprint

Bibliographic citation
Discussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Markt und politische Ökonomie, Abteilung Wettbewerbsfähigkeit und industrieller Wandel ; Bd. 02-02

Keyword
Fusionskontrolle
Wettbewerbskontrolle
Konflikt
Neuer Markt
Neuer Markt
New Economy

Event
Veröffentlichung
(where)
Berlin
(when)
2002
Creator
Contributor
Wissenschaftszentrum Berlin für Sozialforschung gGmbH

URN
urn:nbn:de:0168-ssoar-112556
Rights
Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
25.03.2025, 1:45 PM CET

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Associated

Time of origin

  • 2002

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