Promoting Competition in Innovation Through Merger Control in the ICT Sector

Promoting Competition in Innovation Through Merger Control in the ICT Sector

Author: Kalpana Tyagi

Publisher: Springer

Published: 2019-06-21

Total Pages: 341

ISBN-13: 366258784X

DOWNLOAD EBOOK

This book addresses the question of how competition authorities assess mergers in the Information Communication Technology (ICT) sector so as to promote competition in innovation. A closer look at the question reveals that it is far more complex and difficult to answer for the ICT, telecommunications and multi-sided platform (MSP) economy than for more traditional sectors of the economy. This has led many scholars to re-think and question whether the current merger control framework is suitable for the ICT sector, which is often also referred to as the new economy. The book pursues an interdisciplinary approach combining insights from law, economics and corporate strategy. Further, it has a comparative dimension, as it discusses the practices of the US, the EU and, wherever relevant, of other competition authorities from around the globe. Considering that the research was conducted in the EU, the practices of the European Commission remain a key aspect of the content.Considering its normative dimension, the book concentrates on the substantive aspects of merger control. To facilitate a better understanding of the most important points, the book also offers a brief overview of the procedural aspects of merger control in the EU, the US and the UK, and discusses recent amendments to Austrian and German law regarding the notification threshold. Given its scope, the book offers an invaluable guide for competition law scholars, practitioners in the field, and competition authorities worldwide.


Book Synopsis Promoting Competition in Innovation Through Merger Control in the ICT Sector by : Kalpana Tyagi

Download or read book Promoting Competition in Innovation Through Merger Control in the ICT Sector written by Kalpana Tyagi and published by Springer. This book was released on 2019-06-21 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the question of how competition authorities assess mergers in the Information Communication Technology (ICT) sector so as to promote competition in innovation. A closer look at the question reveals that it is far more complex and difficult to answer for the ICT, telecommunications and multi-sided platform (MSP) economy than for more traditional sectors of the economy. This has led many scholars to re-think and question whether the current merger control framework is suitable for the ICT sector, which is often also referred to as the new economy. The book pursues an interdisciplinary approach combining insights from law, economics and corporate strategy. Further, it has a comparative dimension, as it discusses the practices of the US, the EU and, wherever relevant, of other competition authorities from around the globe. Considering that the research was conducted in the EU, the practices of the European Commission remain a key aspect of the content.Considering its normative dimension, the book concentrates on the substantive aspects of merger control. To facilitate a better understanding of the most important points, the book also offers a brief overview of the procedural aspects of merger control in the EU, the US and the UK, and discusses recent amendments to Austrian and German law regarding the notification threshold. Given its scope, the book offers an invaluable guide for competition law scholars, practitioners in the field, and competition authorities worldwide.


Research Handbook on the Law and Economics of Competition Enforcement

Research Handbook on the Law and Economics of Competition Enforcement

Author: Kokkoris, Ioannis

Publisher: Edward Elgar Publishing

Published: 2022-08-16

Total Pages: 507

ISBN-13: 1789903793

DOWNLOAD EBOOK

This incisive Research Handbook identifies and assesses the emerging trends in competition enforcement, investigating how such changes impact the enforcement approach of competition authorities and the behaviour of companies in an ever-evolving business and regulatory environment.


Book Synopsis Research Handbook on the Law and Economics of Competition Enforcement by : Kokkoris, Ioannis

Download or read book Research Handbook on the Law and Economics of Competition Enforcement written by Kokkoris, Ioannis and published by Edward Elgar Publishing. This book was released on 2022-08-16 with total page 507 pages. Available in PDF, EPUB and Kindle. Book excerpt: This incisive Research Handbook identifies and assesses the emerging trends in competition enforcement, investigating how such changes impact the enforcement approach of competition authorities and the behaviour of companies in an ever-evolving business and regulatory environment.


Dynamic Competition and Public Policy

Dynamic Competition and Public Policy

Author: Jerome Ellig

Publisher: Cambridge University Press

Published: 2001-04-23

Total Pages: 298

ISBN-13: 9780521782500

DOWNLOAD EBOOK

Scholars explore antitrust issues as these relate to dynamic industry competition and public policy.


Book Synopsis Dynamic Competition and Public Policy by : Jerome Ellig

Download or read book Dynamic Competition and Public Policy written by Jerome Ellig and published by Cambridge University Press. This book was released on 2001-04-23 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scholars explore antitrust issues as these relate to dynamic industry competition and public policy.


Competition Policy Brief

Competition Policy Brief

Author:

Publisher:

Published: 2016

Total Pages: 7

ISBN-13: 9789279547331

DOWNLOAD EBOOK

Innovation is essential to increasing productivity in the EU, and thus contributes to boosting growth and jobs. The EU framework for merger control allows the Commission to assess the impact of mergers and acquisitions on innovation. The framework puts the competitive harm caused by reduction of innovation on an equal footing with increased prices and reduced output. In recent pharmaceutical and medical devices mergers as well as the GE/Alstom case, the Com-mission found that these horizontal mergers would lessen innovation competition. In its Deutsche Börse judgment, the General Court upheld a similar find-ing. Remedies in horizontal innovation cases typi-cally include the divestment of products that are still in the pipeline. Harm to the ability to innovate of the merged entity's rivals was probed in a number of non-horizontal ICT mergers, including Intel/Mc Afee, ARM/Giesecke & Devrient/Gemalto Joint Venture, Telefonica UK/Vodafone UK/Everything Everywhere Joint Venture and Intel/Altera. Remedies in this type of case may also involve access remedies and/or other non-divestiture remedies. At the same time, the EU merger control regime acknowledges that mergers may result in synergies arising from innovation that can offset anti-competitive effects. In TomTom/TeleAtlas, the Commission recognised innovation efficiencies that were at least partly merger-specific and beneficial to consumers.


Book Synopsis Competition Policy Brief by :

Download or read book Competition Policy Brief written by and published by . This book was released on 2016 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation is essential to increasing productivity in the EU, and thus contributes to boosting growth and jobs. The EU framework for merger control allows the Commission to assess the impact of mergers and acquisitions on innovation. The framework puts the competitive harm caused by reduction of innovation on an equal footing with increased prices and reduced output. In recent pharmaceutical and medical devices mergers as well as the GE/Alstom case, the Com-mission found that these horizontal mergers would lessen innovation competition. In its Deutsche Börse judgment, the General Court upheld a similar find-ing. Remedies in horizontal innovation cases typi-cally include the divestment of products that are still in the pipeline. Harm to the ability to innovate of the merged entity's rivals was probed in a number of non-horizontal ICT mergers, including Intel/Mc Afee, ARM/Giesecke & Devrient/Gemalto Joint Venture, Telefonica UK/Vodafone UK/Everything Everywhere Joint Venture and Intel/Altera. Remedies in this type of case may also involve access remedies and/or other non-divestiture remedies. At the same time, the EU merger control regime acknowledges that mergers may result in synergies arising from innovation that can offset anti-competitive effects. In TomTom/TeleAtlas, the Commission recognised innovation efficiencies that were at least partly merger-specific and beneficial to consumers.


Innovation Considerations in Merger Control

Innovation Considerations in Merger Control

Author: Gönenç Gürkaynak

Publisher:

Published: 2023

Total Pages: 0

ISBN-13:

DOWNLOAD EBOOK


Book Synopsis Innovation Considerations in Merger Control by : Gönenç Gürkaynak

Download or read book Innovation Considerations in Merger Control written by Gönenç Gürkaynak and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Merger in Daylight

Merger in Daylight

Author: Damien J. Neven

Publisher:

Published: 1993

Total Pages: 330

ISBN-13:

DOWNLOAD EBOOK

In this recent volume, the authors react to the latest development in the European Community--the EC Merger Regulation--approved by the European Council of Ministers and analyze how this decision will impact mergers and regulation in the future for Europe.


Book Synopsis Merger in Daylight by : Damien J. Neven

Download or read book Merger in Daylight written by Damien J. Neven and published by . This book was released on 1993 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this recent volume, the authors react to the latest development in the European Community--the EC Merger Regulation--approved by the European Council of Ministers and analyze how this decision will impact mergers and regulation in the future for Europe.


Innovation in EU Merger Control

Innovation in EU Merger Control

Author: Reinhilde Veugelers

Publisher:

Published: 2012

Total Pages:

ISBN-13:

DOWNLOAD EBOOK

European Union policymakers have in principle put innovation at the heart of competitiveness, in particular in the Europe 2020 strategy. But in merger control, assessments of the innovation effects of mergers are inadequate, even though mergers and acquisitions can have a significant impact on the development of the structure of an industry, and on its capability to innovate. EU merger control rules include scope for assessing the innovation effects of mergers, but in practice, the European Commission's directorate-general for competition (DG COMP) is not 'walking the talk'. Innovation effects are only assessed when claimed by parties to a merger, and this happens rarely. Where innovation effects have been claimed, they have not been decisive in any case, meaning DG COMP has not considered them important enough to influence its decision. A framework should be put in place that makes the reporting of efficiency-related information by the merging parties mandatory, so that innovation effects can be properly assessed for all mergers. In addition, models can be used to make an assessment of the longer-term innovation effects of a merger, and to help inform decision-making.


Book Synopsis Innovation in EU Merger Control by : Reinhilde Veugelers

Download or read book Innovation in EU Merger Control written by Reinhilde Veugelers and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: European Union policymakers have in principle put innovation at the heart of competitiveness, in particular in the Europe 2020 strategy. But in merger control, assessments of the innovation effects of mergers are inadequate, even though mergers and acquisitions can have a significant impact on the development of the structure of an industry, and on its capability to innovate. EU merger control rules include scope for assessing the innovation effects of mergers, but in practice, the European Commission's directorate-general for competition (DG COMP) is not 'walking the talk'. Innovation effects are only assessed when claimed by parties to a merger, and this happens rarely. Where innovation effects have been claimed, they have not been decisive in any case, meaning DG COMP has not considered them important enough to influence its decision. A framework should be put in place that makes the reporting of efficiency-related information by the merging parties mandatory, so that innovation effects can be properly assessed for all mergers. In addition, models can be used to make an assessment of the longer-term innovation effects of a merger, and to help inform decision-making.


Fusions internationales et politique de concurrence

Fusions internationales et politique de concurrence

Author: Organisation for Economic Co-operation and Development

Publisher: Organisation de coopération et de développement économiques ; [Ottawa : Renouf]

Published: 1988

Total Pages: 132

ISBN-13:

DOWNLOAD EBOOK

Parallel text in English and French


Book Synopsis Fusions internationales et politique de concurrence by : Organisation for Economic Co-operation and Development

Download or read book Fusions internationales et politique de concurrence written by Organisation for Economic Co-operation and Development and published by Organisation de coopération et de développement économiques ; [Ottawa : Renouf]. This book was released on 1988 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Parallel text in English and French


The Efficiency Defence and the European System of Merger Control

The Efficiency Defence and the European System of Merger Control

Author:

Publisher:

Published: 2002

Total Pages: 218

ISBN-13:

DOWNLOAD EBOOK


Book Synopsis The Efficiency Defence and the European System of Merger Control by :

Download or read book The Efficiency Defence and the European System of Merger Control written by and published by . This book was released on 2002 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Remedies in EU Competition Law

Remedies in EU Competition Law

Author: Damien Gerard

Publisher: Kluwer Law International B.V.

Published: 2020-07-10

Total Pages: 347

ISBN-13: 9403522445

DOWNLOAD EBOOK

By their nature, remedies are central to competition law enforcement and represent the yardstick against which the efficiency of the overall system can be measured. Yet very rarely have remedies been treated in a horizontal and comprehensive manner from the combined perspectives of substance, process and policy. The present volume, developed in partnership with the College of Europe’s Global Competition Law Centre (GCLC), provides coherent, practical, and authoritative commentaries by leading experts from the GCLC’s incomparable network. The contributions – originally presented at the 2019 GCLC annual conference – examine remedies to assess the overall effectiveness of competition law enforcement in merger, antitrust and State aid matters. The overall topic is presented under five headings: objectives and limitations of remedies; types of remedies in competition law enforcement; implementation and process; ex post assessment of remedies and policy lessons; and national and international approaches. The high-profile and wide-ranging group of authors includes the Director-General of the European Commission’s competition department, lawyers from major international firms, and well-known economists and academics specialising in competition law. With a sharp focus on how to make competition rules work well in today’s digital environment, this systematic and coherent analysis illuminates an issue that we need to fully grasp and understand in order to make sense of competition policy, law and enforcement in the years and decades to come.


Book Synopsis Remedies in EU Competition Law by : Damien Gerard

Download or read book Remedies in EU Competition Law written by Damien Gerard and published by Kluwer Law International B.V.. This book was released on 2020-07-10 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: By their nature, remedies are central to competition law enforcement and represent the yardstick against which the efficiency of the overall system can be measured. Yet very rarely have remedies been treated in a horizontal and comprehensive manner from the combined perspectives of substance, process and policy. The present volume, developed in partnership with the College of Europe’s Global Competition Law Centre (GCLC), provides coherent, practical, and authoritative commentaries by leading experts from the GCLC’s incomparable network. The contributions – originally presented at the 2019 GCLC annual conference – examine remedies to assess the overall effectiveness of competition law enforcement in merger, antitrust and State aid matters. The overall topic is presented under five headings: objectives and limitations of remedies; types of remedies in competition law enforcement; implementation and process; ex post assessment of remedies and policy lessons; and national and international approaches. The high-profile and wide-ranging group of authors includes the Director-General of the European Commission’s competition department, lawyers from major international firms, and well-known economists and academics specialising in competition law. With a sharp focus on how to make competition rules work well in today’s digital environment, this systematic and coherent analysis illuminates an issue that we need to fully grasp and understand in order to make sense of competition policy, law and enforcement in the years and decades to come.