Dynamic Efficiencies and Technological Progress in EC Merger Control

92 Pages Posted: 30 Jun 2010 Last revised: 25 Nov 2010

See all articles by Magdalena Laskowska

Magdalena Laskowska

Université Paris II - Panthéon-Assas

Date Written: May 9, 2010

Abstract

Economic growth largely hinges upon technological progress and productivity gains are the key to rising incomes and living standards. As high technology industries have significantly increased their prominence in global economic performance in the 1980s and 1990s and economic policy has focused on innovation, merger laws have become a crucial part of antitrust enforcement on both sides of the Atlantic. In recent years, many mergers and acquisitions of control have occurred in innovation-driven industries. Hence, it is important to ask a fundamental question : how is the importance of technological progress reflected in the competition authorities’ decisional practice? Due to space limitations, we have limited our review of how conventional merger control accounts for technological progress only to the decisional practice of the European Commission. Our analysis provides a comprehensive and exhaustive review of all the phase-II merger decisions taken by the European Commission from the establishment of merger control at Community level (21 December 1989) to 21 September 2008.

Keywords: dynamic efficiency, innovation, technological progress, merger control

Suggested Citation

Laskowska, Magdalena, Dynamic Efficiencies and Technological Progress in EC Merger Control (May 9, 2010). 5th Annual Conference on Empirical Legal Studies Paper. Available at SSRN: https://ssrn.com/abstract=1632197 or http://dx.doi.org/10.2139/ssrn.1632197

Magdalena Laskowska (Contact Author)

Université Paris II - Panthéon-Assas ( email )

12 place du Pantheon
Paris cedex 06, 75231
France

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