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Mergers, markets, and public policy
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ISBN: 0792336437 9401103879 Year: 1995 Volume: 21 Publisher: Dordrecht Boston London Kluwer Academic Publishers

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Abstract

GIULIANO MUSSATI Why do mergers occur, which are their effects on social welfare and which is the best economic policy toward them? These three questions have been puzzling industrial economists since the end of the last century when the first great merger wave has come about in the US. They have returned at the centre of the stage of the theoretical and empirical economic research during the last decade when merger and acquisition activity became one of the most evident firms' activities in all industrialised countries, being fostered by some general and country specific facts. These facts have been identified in the appearance of new financial instruments facilitating fund raising by firms, in the benevolent behaviour of the authorities in charge of competition policy during the Reagan administration in the US, while inter­ nal market completion has become a strong incentive for European firms to reach a true continental dimension in the UE through external growth. However a robust and univocal answer to these questions has not yet been found in spite of its importance not only from the theoretical point of view, but also from the normative one. In fact the correct identification of firms' motivations in pursuing merger and acquisition operations and of their consequences on social welfare would help the choice by administra­ tive authorities of different possible options in competition and industrial policies.

International and comparative competition laws and policies
Author:
ISBN: 1280829974 9786610829972 9041130608 9041116435 9041126910 9789041126917 9789041116437 Year: 2001 Volume: 3 Publisher: The Hague: Kluwer law international,

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Volume 13 of ICCA Congress Series, International Arbitration 2006: Back to Basics?, contains the proceedings of the 13th ICCA Congress held in Montreal in 2006, where international commercial arbitration specialists from around the world gathered to glean.

Keywords

Antitrust law --- Restraint of trade --- Competition, Unfair --- International commercial arbitration --- Law, Politics & Government --- Law, General & Comparative --- Competition --- Competition law --- Fair trade --- Unfair competition --- Unfair trade practices --- Combinations in restraint of trade --- Restrictive trade practices --- Trade, Restraint of --- Trade practices, Unfair --- Law and legislation --- Arbitration and award, International --- Internationale arbitrage. --- Permanent Hof van Arbitrage. --- Concurrence --- Concurrence déloyale --- Droit --- Restrictions --- Commercial arbitration, International --- International arbitration and award --- Commercial crimes --- Commercial law --- Industrial property --- Torts --- Advertising laws --- Trade regulation --- Monopolies --- Trusts, Industrial --- Arbitration and award --- Conflict of laws --- arbitrage --- arbitration --- помирение --- arbitraggio --- arbitraje --- rozhodčí řízení --- választottbíráskodás --- arbitraj --- arbitrazh (proces gjyqësor) --- Streitschlichtung --- arbitragem --- skiljeförfarande --- zmierčie konanie --- vahekohtumenetlus --- arbitraža --- izskatīšana šķīrējtiesā --- arbitražas --- arbitraġġ --- διαιτησία --- arbitraż --- voldgift --- välimiesmenettely --- арбитража --- решавање спорови со арбитража --- scheidsrechterlijke procedure --- arbitráž --- επιδιαιτησία --- решавање спорови по пат на арбитража --- geschillencommissie --- smírčí řízení --- arbitražni postupak --- dohoda v rozhodčím řízení --- választottbírósági eljárás --- eadráin --- Antitrust law - Congresses --- Competition, Unfair - Congresses --- Restraint of trade - Congresses --- arbitražo procedūra

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