Challenges for EU Merger Control
Massimo Motta and
CRC TR 224 Discussion Paper Series from University of Bonn and University of Mannheim, Germany
The proposal to relax EU merger control to allow for anti-competitive ô€‡²European Championsô€‡³ may lead policy makers to update current merger control. While we see little merit in this specific proposal, we recommend a revision that goes into a different direction and, in particular, addresses mergers of potential competitors and the burden of proof. Thus, our proposal aims at the EC addressing problems of under-enforcement and making better-informed decisions. However, we would find it sensible to introduce in the Merger Regulation a clause whereby in exceptional and well-defined cases a merger, which would otherwise pass muster on competition grounds, may be prohibited due to defence, strategic and security of supply considerations.
Keywords: Merger policy; European Union; potential competitor; safe harbour; national champion (search for similar items in EconPapers)
JEL-codes: K21 L41 L52 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-com, nep-eur, nep-ind, nep-law and nep-reg
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Persistent link: https://EconPapers.repec.org/RePEc:bon:boncrc:crctr224_2019_077
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