TITLE

Transatlantic Similarities And Differences In Merger Policy

AUTHOR(S)
Valentine, Debra A.; De, Raj
PUB. DATE
October 2002
SOURCE
Business Economics;Oct2002, Vol. 37 Issue 4, p33
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The future welfare and prosperity of the United States and the European Union (E.U.) countries will be enhanced by approaching consistency in transatlantic merger policies. Despite one hundred jurisdictions presently having competition laws and/or merger notification laws, the costs and administrative burdens of compliance are not insurmountable if those regimes' requirements are ultimately predictable, measurable, and reasonable. However, uncertainty of outcome and unpredictable delay impose significant costs. This paper explores the similarities and differences in policies and procedures concerning transatlantic mergers in the United States and the European Union. It concludes that while the similarities are much greater than the differences, differences in culture and legal systems still impose significant barriers.
ACCESSION #
7901006

 

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