Working Paper No. 556

Merger Control and Enterprise Competitiveness - Empirical Analysis and Policy Recommendations

Published: May 3, 2001Pages: 94Keywords: Mergers & Acquisitions; Merger Control; Competition Policy; Antitrust JEL-codes: K21; L10; L40

Merger Control and Enterprise Competitiveness - Empirical Analysis and Policy Recommendations Johan Stennek and Frank Verboven


This report studies the importance of efficiency gains from horizontal mergers. A general theme throughout this report 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. Our report provides a detailed examination of two main parts of an efficiency analysis. The first chapter considers the presence of efficiencies from mergers, with a focus on economies of scale. The second chapter consider the pass-on of efficiencies to consumers in the form of lower prices.

Integrating Immigrants into the Nordic Labour Markets

An Overall Perspective

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Denmark, Finland, Norway and Sweden face similar problems of integrating large groups of immigrants, especially low-educated ones from outside the EU, into their labour markets. In this volume, edited by Lars Calmfors, IFN, and Nora Sánchez Gassen in cooperation with researchers from across the Nordic Region analyse how labour market integration of immigrants can be promoted. 

About the book

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