1003174.pdf
After roughly 15 years of merger control application in the Federal Republic of Germany a <I>reassessment of the significance</I> of this instrument of antitrust policy seems necessary. This is particularly so in view of the <I>reorientation of merger</I> <I>control pol...
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Peter Lang International Academic Publishers
2019
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oapen-20.500.12657-26869 |
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oapen-20.500.12657-268692022-04-26T12:36:46Z Industrial Concentration and the Chicago School of Antitrust Analysis Rittaler, Jan B. Analysis Antitrust Basis Chicago Competition Concentration Critical Effective Evaluation Industrial Rittaler School bic Book Industry Communication::K Economics, finance, business & management::KC Economics bic Book Industry Communication::L Law::LA Jurisprudence & general issues After roughly 15 years of merger control application in the Federal Republic of Germany a <I>reassessment of the significance</I> of this instrument of antitrust policy seems necessary. This is particularly so in view of the <I>reorientation of merger</I> <I>control policy in the United States</I> which has been - in its original version - the model for the German merger control system.<BR> Concerning merger control, the reorientation is characterized by the notion that the <I>structure-conduct-performance paradigm</I> which has dominated U.S. antitrust for a quarter of a century is imprecise or even incorrect and «that bigness in business does not necessarily mean badness.»<BR> This makes the fundamental question arise of whether the German merger control system is still up to date in terms of the underlying market theory and of whether the <I>German Act Against</I> <I>Restraints of Competition</I> needs a reorientation towards aspects of market conduct and performance instead of market structure by means of a Fifth Amendment. 2019-01-10 23:55 2020-01-14 16:23:14 2020-04-01T11:28:24Z 2020-04-01T11:28:24Z 2018 book 1003174 OCN: 1083017126 9783631753880 http://library.oapen.org/handle/20.500.12657/26869 eng Hohenheimer volkswirtschaftliche Schriften application/pdf n/a 1003174.pdf Peter Lang International Academic Publishers 10.3726/b13907 10.3726/b13907 e927e604-2954-4bf6-826b-d5ecb47c6555 9783631753880 11 422 Bern open access |
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OAPEN |
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English |
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After roughly 15 years of merger control application in the Federal Republic of Germany a <I>reassessment of the significance</I> of this instrument of antitrust policy seems necessary. This is particularly so in view of the <I>reorientation of merger</I> <I>control policy in the United States</I> which has been - in its original version - the model for the German merger control system.<BR> Concerning merger control, the reorientation is characterized by the notion that the <I>structure-conduct-performance paradigm</I> which has dominated U.S. antitrust for a quarter of a century is imprecise or even incorrect and «that bigness in business does not necessarily mean badness.»<BR> This makes the fundamental question arise of whether the German merger control system is still up to date in terms of the underlying market theory and of whether the <I>German Act Against</I> <I>Restraints of Competition</I> needs a reorientation towards aspects of market conduct and performance instead of market structure by means of a Fifth Amendment. |
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1003174.pdf |
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| title_full |
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| publisher |
Peter Lang International Academic Publishers |
| publishDate |
2019 |
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1771297576902983680 |
