UK Merger Control: Law and Practice

Pirmais vāks
Sweet & Maxwell, 2005 - 906 lappuses
This book provides a definitive statement of the law relating to UK merger control following the wide-ranging changes to the merger control system introduced by the Enterprise Act 2002. The powers of the Secretary of State for Trade & Industry have been transferred to the independent competition authorities and political decision-making has been mostly removed from the system. Both the Office of Fair Trading and the Competition Commission have fundamentally changed their procedures to reflect their new powers, and an appeal by way of judicial review now lies to the Competition Appeal Tribunal rather than to the High Court. their new powers and how the system works * An essential guide to obtaining clearance for a merger in the UK today * Includes coverage of the impact of the important IBA Health judgments * Analyses all OFT and Competition Commission guidance on procedures, substantive tests, and penalty provisions * Explains in layman's terms the theory and methodology of the economic assessment of mergers * Examines the relationship of the UK merger rules with the reformed EC Merger Regulation * Considers changes to judicial control of mergers, in particular the new role of review by the Competition Appeal Tribunal * Extensive appendices include a fully conformed copy of the Enterprise Act 2002 and summaries of MMC Competition Commission reports from 1986 to date

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Contents Page
xxi
Table of Statutes
xxvii
Table of Statutory Instruments
xxxiii
Table of Monopolies and Mergers Commission Reports
xxxix
Table of Decisions of the Office of Fair Trading Press releases
xlvii
Jurisdiction
14
Market definition 6 006
35
Summaries of Competition Commission
37
Barriers to entry and expansion 6 056
334
Countervailing buyer power 6 072
352
Assessing the effects of vertical mergers 6 163
437
The Control of Newspaper mergers
481
Lobbying
520
Remedies
526
Review by the Competition Appeal Tribunal
560
Conclusions 11 001
590

Does the European Commission have
55
Referral to the European Commission
67
Procedure of the Office of Fair Trading
95
Statutory prenotification 3 028
125
Triggering the public interest regime
133
The OFTs evaluation procedure 3 044
139
Enforcement powers of the OFT during
145
The OFTs decisionmaking process 3 058
151
The Office of Fair Tradings duty to refer
179
Commission Procedure and Practice
219
The economic analysis of substantial lessening
268
Appendices
596
Statistics on cases considered by the
605
Example of OFT issues letter
619
lessening of competition? 6 001
621
Example of terms of reference made under
631
Extract from the Commissions report into
639
Price correlations
858
The calculation of critical losses and elasticities
874
Will the United Kingdom authorities
891
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