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Better Merger Outcomes Due to Increased Scrutiny by Ireland’s NCA? the Q-Park/Tazbell Transaction

Author

Listed:
  • Gorecki, Paul

Abstract

Ireland’s national competition authority has recently increased scrutiny of mergers using Assessments (aka Statement of Objections). Despite using this approach, the authority’s 2023 determination of the proposed acquisition by Q-Park of Tazbell is fatally flawed. The authority had competition concerns in three local markets for the supply of off-street car parking spaces to the public. The transaction was cleared with remedies. The paper argues that there was no substantial lessening of competition. The remedies were inadequate. Why? Contributing factors include lack of coherence reflecting confirmation bias. Merger control can be improved by, inter alia: increasing the number of CCPC executive board members to reduce governance overload; and encouraging diverse internal views and peer review through the appointment of a chief economist. The paper forms part of a broader critical narrative of merger control in Ireland.

Suggested Citation

  • Gorecki, Paul, 2025. "Better Merger Outcomes Due to Increased Scrutiny by Ireland’s NCA? the Q-Park/Tazbell Transaction," MPRA Paper 127352, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:127352
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    References listed on IDEAS

    as
    1. John Curtis & Elish Kelly, 2023. "Population Growth: Implications for Commuting," The Economic and Social Review, Economic and Social Studies, vol. 54(1), pages 101-121.
    2. Paul K. Gorecki, 2013. "The Small Public Service Vehicle Market in Ireland: Regulation and the Recession," The Economic and Social Review, Economic and Social Studies, vol. 44(2), pages 247-272.
    3. Albert, Gila & Mahalel, David, 2006. "Congestion tolls and parking fees: A comparison of the potential effect on travel behavior," Transport Policy, Elsevier, vol. 13(6), pages 496-502, November.
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    Keywords

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    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
    • R4 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics

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