2006–2010

Merger Control and Enterprise Competitiveness: Empirical Analysis and Policy Recommendations

Särtryck nr 2006:10

Författare: Johan Stennek och Frank VerbovenÅr: 2006 Publikation: European Merger Control. Do We Need an Efficiency Defence? Kapitel: 4Redaktör: Fabienne Ilzkovitz and Roderick MeiklejohnFörlag: Edward ElgarFörlagsort: Cheltenham (UK) and Northampton (MA) Sidor: 202–302


This chapter studies the importance of efficiency gains from horizontal mergers. A general theme throughout the chapter is that efficiency gains, and their pass-on to consumers, may vary substantially from merger to merger. For this reason it seems appropriate to reconsider current practice in European merger control, which does not allow the merging parties to appeal to an efficiency defence. We provide a detailed examination of two main parts of an efficiency analysis. The first part of the chapter considers the presence of efficiencies from mergers, with a focus on economies of scale. The second part considers the pass-on of efficiencies to consumers in the form of lower prices. In a final section, we develop an alternative approach based on the concept of the diversion ratio.


Referens:
Stennek, Johan och Frank Verboven (2006), "Merger Control and Enterprise Competitiveness: Empirical Analysis and Policy Recommendations". Kapitel 4, sid. 202–302 i Fabienne Ilzkovitz and Roderick Meiklejohn, red., European Merger Control. Do We Need an Efficiency Defence?. Cheltenham (UK) and Northampton (MA): Edward Elgar.

Aktuell forskare

Lars Calmfors

Forskningsområden: Arbetsmarknads- och makroekonomi.

Några av de frågor Lars Calmfors försöker besvara i sin forskning:

  • Orsaker till arbetslöshet?
  • Hur fungerar EMU?
  • Hur kan olika institutionella arrangemang bidra till en lämplig finanspolitik? 

Institutet för Näringslivsforskning, Grevgatan 34 - 2 tr, Box 55665, SE-102 15 Stockholm, Sweden | Tel: +46-(0)8-665 45 00 | info@ifn.se