Kapak Resmi

Industrial Concentration and the Chicago School of Antitrust Analysis

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> w...

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Kaydedildi:
Yazar: Rittaler, Jan B.
Materyal Türü: Online
Dil:İngilizce
Baskı/Yayın Bilgisi: Peter Lang International Academic Publishers 2021
Konular:
Analysis
Antitrust
Basis
Chicago
Competition
Concentration
Critical
Effective
Evaluation
Industrial
Rittaler
School
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
thema EDItEUR::L Law::LA Jurisprudence and general issues
Online Erişim:1003174
Etiketler: Etiketle
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Özet: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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