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Control of Mergers and Defense of Enterprises during Financial Crisis

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Author Info

  • Viorel BANULESCU

    (Academy of Economic Studies, Bucharest)

  • Anca Sorina POPESCU-CRUCERU

    (Artifex University of Bucharest)

  • Eugenia-Gabriela LEUCIUC

    (Stefan cel Mare” University of Suceava)

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    Abstract

    The Merger Regulation has been imposed as natural consequence of the need to provide a correspondent evolution of the market, as default of a perfect competition. The main purpose of the merger control aims to ensure a regulation of the exchanges occurring on the market, engendering its development, and in the same time, to protect it against anti-competitive practices. The European Standard outlines the legal framework of the defense of enterprises during financial crisis, the way they are characterized by means of the Guidelines regarding horizontal mergers, as particular application of the legal standard in art. 2 of the Merger Regulation no. 139/2004, in the same time embodying the causality relationship between any merger and the deterioration of the competitive circumstances on the emerging markets.

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    File URL: http://www.revistadestatistica.ro/suplimente/2012/3/srrs3_2012a02.pdf
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    Bibliographic Info

    Article provided by Romanian Statistical Review in its journal Romanian Statistical Review Supplement.

    Volume (Year): 60 (2012)
    Issue (Month): 3 (September)
    Pages: 15-19

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    Handle: RePEc:rsr:supplm:v:60:y:2012:i:3:p:15-19

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    Related research

    Keywords: merger; emerging market; enterprise under crisis; competition;

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