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Control of Mergers and Defense of Enterprises during Financial Crisis

Author

Listed:
  • Viorel BANULESCU

    (Academy of Economic Studies, Bucharest)

  • Anca Sorina POPESCU-CRUCERU

    (Artifex University of Bucharest)

  • Eugenia-Gabriela LEUCIUC

    (Stefan cel Mare” University of Suceava)

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.

Suggested Citation

  • Viorel BANULESCU & Anca Sorina POPESCU-CRUCERU & Eugenia-Gabriela LEUCIUC, 2012. "Control of Mergers and Defense of Enterprises during Financial Crisis," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 60(3), pages 15-19, September.
    • Handle: RePEc:rsr:supplm:v:60:y:2012:i:3:p:15-19
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    File URL: http://www.revistadestatistica.ro/suplimente/2012/3/srrs3_2012a02.pdf
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    Citations

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    Cited by:

    1. Ioana Nely Militaru & Adriana Motatu, 2014. "European Commission initiatives to promote the general interest of the European Union," Juridical Tribune (Tribuna Juridica), Bucharest Academy of Economic Studies, Law Department, vol. 4(2), pages 205-211, December.

    More about this item

    Keywords

    merger; emerging market; enterprise under crisis; competition;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

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