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Law and Economics in European Merger Control

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Author Info

  • Schwalbe, Ulrich

    (Professor of Economics, University of Hohenheim)

  • Zimmer, Daniel

    (Professor of Law, Universitat Bonn)

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    Abstract

    Law and Economics in European Merger Control provides a thorough introduction to the economic theory underlying the regulation of mergers. The central economic concepts of efficiency and welfare are introduced and their role in the foundations of competition law is explained. Market structures of perfect competition, monopoly and oligopoly are analysed and the methods for delineating and evaluating the effects of mergers on markets are explained. Having examined the economic context, the book then proceeds to offer an exhaustive analysis of the application of economic theory in the practice of merger regulation in Europe. Through an analysis of more than 300 competition cases the book critiques the current state of EC competition law against its economic aims, and offers views for the future development of the law. It also sets out an account of the European Commission's search for a 'more economic approach' to competition law, and analyses the policy's successes and failures.

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    Bibliographic Info

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    This book is provided by Oxford University Press in its series OUP Catalogue with number 9780199571819 and published in 2009.

    ISBN: 9780199571819
    Order: http://ukcatalogue.oup.com/product/9780199571819.do
    Handle: RePEc:oxp:obooks:9780199571819

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    Web page: http://www.oup.com/

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    Cited by:
    1. Haucap, Justus & Schwalbe, Ulrich, 2011. "Economic principles of state aid control," DICE Discussion Papers 17, Heinrich‐Heine‐Universität Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    2. Skoczny, Tadeusz, 2011. "Consolidation of the polish electricity sector. The merger law perspective," MPRA Paper 34893, University Library of Munich, Germany.

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