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Kontrolle bei Übernahmen durch Nicht-EU-Ausländer auch zur Verteidigung von Technologieführerschaft sinnvoll

Sebastian Dullien ()

Zeitschrift für Wirtschaftspolitik, 2019, vol. 68, issue 1, 45-52

Abstract: There are good economic arguments for preventing non-EU-foreign investors, especially from countries with an incomplete market economy such as China, from taking over or acquiring controlling stakes in European companies with strategic relevance. These arguments apply not only in the context of military relevance or critical infrastructure, but also for some areas in which Europe today has a technological leadership role. In some cases, incomes in Europe can be maximized by preventing technologies and economic clusters to diffuse too quickly globally. However, intervening in cross-border mergers comes with economic costs. Hence, clear rules should be designed to determine whether such mergers and acquisitions should be prohibited, and interventions should be kept to a minimum.

Date: 2019
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Zeitschrift für Wirtschaftspolitik is currently edited by Juergen B. Donges, Steffen J. Roth, Achim Wambach and Christian Watrin

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