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Transparency And Coordinated Effects In European Merger Control

Author

Listed:
  • Svend Albæk
  • Peter Møllgaard
  • Per Baltzer Overgaard

Abstract

In this paper, we first outline the foundations in economic theory of so-called coordinated effects with a particular view to mergers and with a special focus on transparency. Then, we review a number of seminal merger cases in EU competition policy (Airtours, Sony/BMG, ABF/GBI Business) in light of that theory. Next, we discuss in more detail a recent Danish merger prohibition that was based on the presence of coordinated effects. This case poses special challenges to the theory of coordinated effects, because a very large number of products were involved, and significant, individualized discounts were widespread in the market in question. Finally, we briefly present a few other cases in which transparency has been an issue.

Suggested Citation

  • Svend Albæk & Peter Møllgaard & Per Baltzer Overgaard, 2010. "Transparency And Coordinated Effects In European Merger Control," Journal of Competition Law and Economics, Oxford University Press, vol. 6(4), pages 839-851.
    • Handle: RePEc:oup:jcomle:v:6:y:2010:i:4:p:839-851.
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    File URL: http://hdl.handle.net/10.1093/joclec/nhq013
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    Cited by:

    1. Aura María García Pabón, editor & Ana María Pérez Herrán, editor & Ismael Beltrán Prado, editor, 2019. "Competencia económica : reflexiones sobre los diez años de la Ley 1340 de 2009," Books, Universidad Externado de Colombia, Facultad de Economía, number 80, August.

    More about this item

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices

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