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Vol 21 No 11 Nov/Dec 2016

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This book is now Out of Print.
A new edition has been abandoned before publication:
Globalization and the Limits of National Merger Control Laws 2nd ed isbn 9789041125385

Globalization and the Limits of National Merger Control Laws

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ISBN13: 9789041119964
ISBN: 9041119965
New Edition ISBN: 9041125388
Published: April 2003
Publisher: Kluwer Law International
Format: Hardback
Price: Out of print



In the early 21st-century, companies pursue their goals with little regard for national borders. However, it remains true that business activity is regulated to a significant extent by each national jurisdiction. This is particularly true of mergers; as anyone knows who has ever been involved in a transnational merger in multiple jurisdictions, the knottiest problems and issues arise from variations in national competition and merger laws. This text offers an in-depth proposal for an international merger control regime that is firmly grounded in and supported by a framework of economic and legal theory. It arrives at its conclusions along three major avenues: a study of the concepts of global public good and consumer welfare that underlie the progress of globalization; detailed analyses of the two most important and highly developed merger law systems, those of the European Union and the United States; and a systematic and comprehensive review of the major existing proposals, both institutional and scholarly, for an international merger control regime.;A special chapter is devoted to the complex custodial role of the World Trade Organization, both in its present activity and as it is envisioned in the various proposals.

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Contents:
Globalization - how and impact; US antitrust and merger control laws; EC competition and merger control laws; comparison between the US and EC merger control laws; recognition of limits - need for co-operation and convergence; proposals advanced for transnational merger review; international merger control regime. (Part contents).