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Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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UK Merger Control: Law and Practice 3rd ed

ISBN13: 9780414034167
Previous Edition ISBN: 0421861002
To be Published: November 2016
Publisher: Sweet & Maxwell Ltd
Country of Publication: UK
Format: Hardback
Price: £259.00

The new edition of this leading work provides a definitive statement of the law relating to UK merger control following the wide-ranging changes introduced by the Enterprise and Regulatory Reform Act 2013. The newly created Competition and Markets Authority (CMA), operational from April 2014, takes over the merger control powers previously exercised by the Office of Fair Trading and the Competition Commission.

  • Presents a detailed analysis of the new regime – the new institutional structure of the CMA, its powers and decision-making processes
  • Highlights key changes in procedure, including new statutory deadlines, stronger powers to impose hold separate undertakings in relation to completed mergers and changes to the process of seeking undertakings in lieu of reference
  • Analyses the new CMA guidance on procedures, substantive tests, and penalty provisions
  • Explains in straightforward terms the theory and methodology of the economic assessment of mergers, including the increased use of rivalry analysis and economic techniques such as UPP, GUPPI and IPR
  • Includes detailed consideration of the public interest merger regime, with in-depth analysis of key cases
  • Examines the interrelationship of UK merger control with the EU Merger Regulation
  • Includes detailed coverage of key judgments by the Competition Appeal Tribunal and appeal courts relating to merger control

Competition Law, Mergers and Acquisitions
Introduction: an overview of the reformed Enterprise Act regime
Jurisdiction ,of the CMA
Phase 1: procedure
Phase 1: the
CMA’s duty to open a Phase 2 investigation and remedies in lieu of a Phase 2 investigation
Phase 2: procedure
Phase 2: final remedies
The economic assessment of substantial lessening of competition
The public interest merger regime
Review by the Competition Appeal Tribunal