Nobody downloaded yet

Critically assess the working of the EU's merger control Regulation - Essay Example

Comments (1) Cite this document
Summary
The scope of the essay is to provide a critical review on the EU competition regulation. The essay is organized in several sections. First the impact of M&A on the society as a whole is investigated followed by an overview of EU competition law with the EU merger procedures ending with a conclusion and discussion on the findings. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.1% of users find it useful
Critically assess the working of the EUs merger control Regulation
Read TextPreview

Extract of sample "Critically assess the working of the EU's merger control Regulation"

Download file to see previous pages For the past two decades, mergers and acquisitions (M&As) hold the greatest percentage among modes of entry by foreign investors and growth activities of domestic companies; particularly true for the developed economies. One probable reason for this trend may be the high availability of information regarding the value of mergers and acquisitions. M&As targets usually obtain good values by the financial markets, which is more attractive and tempting for the investing companies and is considered one of the more important factors that affect investors’ choices.
Mergers occur when two or more companies, with the consent of both parties involved, engage into a merge, in order to create business synergies from the new single entity formed, rather than existing separately on the market. There is a mutual agreement between the managements of two or more companies, on the grounds of exchanging shares of the merging firms with shares of the new entity, which reflects the name of the both companies engaged in the merger. Acquisitions, on the other side, represent business transactions between parties which are unrelated, under terms established by the market, while each side acts in its own best interest . In other words, in the case of acquisitions, the takeover involves a direct business transaction between the management of the acquiring firm and the stockholders of the acquired firm .
4. M&A result in anti-competitive effects as a possible consequence. By creating or strengthening dominant market power and by creating control over the industry’s vertical chain – M&A can succeed in distorting market competition. The scope of the essay is to provide a critical review on the EU competition regulation5. At the level of EU, the European Commission is responsible for the implementation of the regulation. Its powers have still not been used as frequently as the USA. As designed currently the EU regulation and decisions have multiple variations across multiple sectors; particularly the sectors where large companies and extensive cross-border trading and ownership links are predominant. These are counted as the regulation’s key targets6. In the process the essay will look at the most important factor after the anti-competitive issues drive the EU decisions on M&A – the efficiency gains7. The essay is organized in several sections. First the impact of M&A on the society as a whole is investigated followed by an overview of EU competition law with the EU merger procedures ending with a conclusion and discussion on the findings. 2. MERGERS AND AQUISITIONS AND THE ECONOMIC AND PUBLIC INTEREST (anti-competitive effects and efficiency gains) Although more than 14 drivers of M&As activity have been recognized and defined in the economic research and theory, according to Griffiths and Wall, in most of the cases the theories are highly unpredictable and inconsistent8. For example, the value discrepancy theory (i.e. buying off a company with a lower value than its genuine potential and actual assets involved), as well as the market power theory (i.e. consolidation due to large market power), are both behavioral models and illustrate specific and exact frameworks in which the companies operate (externally and/or internally). Generalization of these theories is difficult, therefore one may argue that Griffiths and ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Critically assess the working of the EU's merger control Regulation Essay”, n.d.)
Retrieved de https://studentshare.org/law/1390701-critically-assess-the-working-of-the-eu-s-merger
(Critically Assess the Working of the EU'S Merger Control Regulation Essay)
https://studentshare.org/law/1390701-critically-assess-the-working-of-the-eu-s-merger.
“Critically Assess the Working of the EU'S Merger Control Regulation Essay”, n.d. https://studentshare.org/law/1390701-critically-assess-the-working-of-the-eu-s-merger.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
hb
hbuckridge added comment 7 months ago
Student rated this paper as
I didn’t know how to start my text. "Critically assess the working of the EU's merger control Regulation" helped me out a lot! Especially the list of first sentence was valuable.

CHECK THESE SAMPLES OF Critically assess the working of the EU's merger control Regulation

Is the EU merger control regulation necessary Is it a good system

..., it creates an opportunity for competition to flourish by providing lower prices19 (McConnell & Brue, 2005). However, if there is no competition to speak-off or it takes time for competition to be created the damage would have been done. Bibliography Carletti, E., Hartmann, P., & Ongena, S. (2007). The Economic Impact of Merger Control Legislation. Christiansen, A. (2005). The "More Economic Approach" in EU Merger Control - A Critical Assessment. Frankfurt: Deutsche Bank Research. Davidson, L. M. (2005). The New EC Merger Control Regulation:Guaranteeing the Effectiveness...
16 Pages(4000 words)Dissertation

Market Regulation in the EU

...? Essay question Determine and critically assess the main challenges in formulating the Industrial Policy of the European Union. Table of Contents I. Introduction ……………………………………………………… 3 II. The scope and limitations of industrial policy in Europe ……. 4 III. The main challenges associated with the formulation of industrial policy in the European Union ………………………. 6 a. Framework aspect …………………………………………. 8 b. Horizontal industrial policy in the EU …………………….. 11 c. Specific and sectoral or vertical industrial policy in the EU …………………………………. 14 IV. Analysing the challenges associated with formulating EU industrial policy ................................................ 17 V. Conclusion and recommendations ……………………………. 19 Endnotes... of industrial...
18 Pages(4500 words)Essay

Human Biology - Regulation and Control

...will react. Each of these individuals will be exposed to one prick at a time while holding a ruler on the other side. This is to allow the body nervous system to send only one impulse at a time. Kosinski (2010) asserts that this allows the body to react effectively. Exposure to several pricks will lead to a triggering of many responses and may take longer for the body to determine which response to carry out. The individual exposed to the prick is expected to drop the ruler once he senses the pain. The time differences on how each of the individual responds to the stimuli will be measured and recorded in a table. The time difference and the speed at which each individual releases the ruler will be calculated using the...
6 Pages(1500 words)Essay

Human Biology - Regulation and Control

..., Glomerular Blood Flow, Glomerulus, Proximal Convoluted Tubule (PCT), Loop of Henle (LOH), Acid/Base Balance, and Clearance, Distal Convoluted Tubule (DCT) Electrolyte Homeostasis (Gilbert, n.d., pp. 6-10). Renal Autoregulation is exclusive and critically significant in maintaining homeostasis mechanism in the human body via control of the renal blood flow as well as the filtration. The “myogenic reflex” responds directly to the pressure difference and is there throughout the vasculature in the changing degrees, whereas the “tubuloglomerular feedback (TGF) mechanism” regulates micro vascular confrontation and “glomerular filtration rate (GFR)” to preserve distal tubular “NaCl delivery”....
5 Pages(1250 words)Essay

Self Regulation And Control

...Self regulation and control Effectiveness of five positive psychology techniques The art of positive psychology involves analyzing personal strengths and weaknesses. According to Keyes & Hadit (2003) positive psychology is a process that incorporates self healing and self therapy technique. The five positive techniques are positive emotions, positive thinking, positive choices, positive strengths and positive habits. The five techniques are greatly dependable on personal abilities to have positive traits. Additionally, the positive psychology techniques depend on the psychological strengths of an individual (Robbins, 2008). The author further points out that the relationship between psychology strength...
3 Pages(750 words)Coursework

Self Regulation and Control

...? Self Regulation and Control al Affiliation This paper is a discussion of issues related to positive psychology. Positive psychology is concerned with the well being of individuals and how they can overcome the factors that influence them into negative experiences, which is a barrier to achieving happiness. By working to bring positive experiences and focusing on the positive, individuals can have self control and regulation on their experiences, to increase the positive while reducing the negative ones. Positive psychology uses positive emotions, engagement, relationship, meanings, and achievement techniques to support well being. Certain happiness...
4 Pages(1000 words)Research Paper

Merger Control

...of such a link, "the relevant coordination of the participants must be assessed in a separate proceeding under Article 81 (1) EC rather than as part of the merger control investigation under the E.C.M.R." An assessment under Article 81 of the EC, leads to the stoppage of the merger from going through and this constitutes an early attack on the parties. Investigation under Article 81 EC results in leaving the concentration untouched and this necessitates the intervention of the European Commission to correct this behaviour. The other major difference is that inherent in the time required for these procedures. Though the merger...
16 Pages(4000 words)Essay

Data Protection Regulation and control

...and held in privacy. The universal declaration of human rights article12 states that: "there should be no interference with a person, family, home etc. or attacks upon their reputation" (Lloyd1998.58-60). The company has the duty of finding out the stipulated rules and regulation in the various legislative acts that address data protection. The law for example, requires the firm to get registered and get authorization from information commissioner (Carey, 1998.16-31). It is the responsibility of the company to develop policies and procedures that protect customer information using the knowledge so gained. The company then needs to institute the office of a data controller who is the person who, either...
2 Pages(500 words)Essay

Social Control, Discipline and Regulation

...; access Foucault’s contribution critically; analyse and assess the 1960’s anti-institutional consensus; and critically assess the alternative method of social control as proposed by Braithwaite. Evaluate critically the concepts of Crime and Crime Control Crime entails unlawful acts or omissions that are punishable by the laws of the concerned states in which the acts and omissions take place (Valier 2001, p. 425). The acts and omissions are not only harmful to specific individuals, but also the community and state as well. On the other hand, crime control involves the plans instituted...
8 Pages(2000 words)Assignment

EU Official Control of Foodstuffs

... controls system with a special focus on Poland. Poland is one of the rapidly growing economies, wherein it is observed that the foodstuff sector play a critical role to maximise the growth of the nation. In accordance, the report will summarise the aspects related to meat inspections abattoirs, food products, border Inspection, food emergencies and the role of government in it. Overview of Official Control of Foodstuffs of Poland Poland is one of the fastest developing nations of the EU with a population of around 38 million and a GNI of around $ 13,080 per capita. The nation is termed as one of the largest economies, located in Central Europe (The World Bank Group, 2014). The national strategic plan of Poland has been working... measures...
11 Pages(2750 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Critically assess the working of the EU's merger control Regulation for FREE!

Contact Us