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Competition Policy in the Single European Market

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  • Kirrane, Chris

Abstract

This paper first discusses the main strategies adopted by large companies in the post-1992 perspective: internal restructuring strategies but also, externally, mergers, acquisitions and cooperation agreements. The second section deals with European competition policy. As far as the agreements are concerned, the approach is very pragmatic and particularly promotes cooperation in R & D, including joint exploitation of results. With regard to mergers, the policy adopted is stricter in that it does not justify the creation of a dominant position because it would contribute to improving technical or economic progress.

Suggested Citation

  • Kirrane, Chris, 1991. "Competition Policy in the Single European Market," MPRA Paper 93419, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:93419
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    File URL: https://mpra.ub.uni-muenchen.de/93419/1/MPRA_paper_93419.pdf
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    References listed on IDEAS

    as
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    2. Jacquemin, Alexis, 1988. "Cooperative agreements in R&D and European antitrust policy," European Economic Review, Elsevier, vol. 32(2-3), pages 551-560, March.
    3. Kirrane, Chris, 1990. "Some Fiscal Budgetary Consequences of EMU," MPRA Paper 93418, University Library of Munich, Germany.
    4. Mueller, Dennis C., 1989. "Mergers : Causes, effects and policies," International Journal of Industrial Organization, Elsevier, vol. 7(1), pages 1-10, March.
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    7. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626, National Bureau of Economic Research, Inc.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    competition policy; single market;

    JEL classification:

    • H8 - Public Economics - - Miscellaneous Issues
    • H89 - Public Economics - - Miscellaneous Issues - - - Other

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