Are Three to Two Mergers in Market with Entry Barriers Necessarily Problematic?

Mon Oct 01 16:24:38 EDT 2007
By Nigel Attenborough et al.

Modernization in merger control mainly means the use of economic analysis in the assessment of complex economic issues. To a large extent, this is the identification of likely price effects of the transaction, which requires a good understanding of the industry and of a large range of economic concepts and quantitative tools. In this article from European Competition Law Review, the authors analyze the operation SONAECOM-PORTUGAL TELECOM, a good example of how economic analysis is applied to the competitive assessment of market consolidation.