Recent developments in merger control. Regulations on minority shareholdings
DOI:
https://doi.org/10.14422/icade.i95.y2015.003Keywords:
minority shareholdings, merger control.Abstract
In the framework of the public consultation launched on the occasion of the
tenth anniversary of the entry into force of the Council Regulation (EC) No 139/2004, on the control of concentrations between undertakings, the debate on the need to regulate the treatment of minority shareholdings which do not confer control has been resumed. The European Commission faces the challenge to define a reform to give an answer to the need to catch transactions that may significantly affect effective competition but, at the same time, to refrain from imposing disproportionate burdens on undertakings.
References
BARDÓN FERNÁNDEZ-PACHECO, M., “Las participaciones minoritarias en empresas competidoras”, Anuario de la Competencia (num. 1, 2013), pp. 301-319.
CARONA, F., “Article 81 as a tool for controlling minority cross-shareholdings between competitors”, European Law Review (vol. 29, num. 4, 2004), pp. 485-500.
COMISIÓN EUROPEA, Libro Blanco de la Comisión Europea. Hacia un control más eficaz de las concentraciones de empresas en la UE, de 9 de julio de 2014.
Commission Staff Working Document, de 9 de Julio de 2014, que acompaña al Libro Blanco (SWD(2014) 221 final).
Commission Staff Working Document, Impact Assessment, de 9 de Julio de 2014, que acompaña al Libro Blanco (SWD(2014) 217 final).
DIARIO OFICIAL, Directrices sobre la evaluación de las concentraciones horizontales con arreglo al Reglamento del Consejo sobre el control de las concentraciones entre empresas (2004/C 31/03), Diario Oficial de 5 de febrero de 2004
GILO, D. y otros, “Partial cross ownership and tacit collusion”, RAND Journal of Economics (volumen 37, número 1, 2006) pp. 81-99.
RÖLLER, L-H. y DE LA MANO, M., “The Impact of the New Substantive Test in European Merger Control”, European Competition Journal (vol. 2, num. 1, Abril 2006), pp. 9-28.
SPECTOR, D., “Some economics of minority shareholdings”, Concurrences, Merger control and minority shareholdings: Time for a change? (num. 3, 2011), pp. 14-18.
STAAHL, T. y otros, “Rethinking minority share ownership and interlocking directorships: the scope for competition law intervention”, European Law Review (num. 6, 2011), pp. 837-860.
Downloads
How to Cite
Issue
Section
License
The authors of articles published in icade. Revista de la Facultad de Derecho retain the intellectual property rights over their works and grant the journal their distribution and public communication rights, consenting to their publication under aCreative Commons Attribution-NonCommercial-NoDerivates 4.0 Internacional. Authors are encouraged to publish their work on the Internet (for example, on institutional or personal pages, repositories, etc.) respecting the conditions of this license and quoting appropriately the original source.
