60 likes | 344 Views
Implications of globalisation for competition law enforcement John Davies. November 2013. Spread of competition law enforcement. Source: OECD . Source: OECD. EU Cross-Border Filings. Source: Authors’ interpretation of European Commission data. …and more scope for disagreement.
E N D
Implications of globalisation for competition law enforcement John Davies. November 2013
Spread of competition law enforcement Source: OECD Source: OECD
EU Cross-Border Filings Source: Authors’ interpretation of European Commission data
…and more scope for disagreement Eurotunnel 2013 In a statement last week, Cuvilliercriticised the CC’s decision to oppose Eurotunnel’s acquisition of ferry operator SeaFrance, a deal that was conditionally approved by France’s Competition Authority in November 2012. Cuvillier called for an emergency meeting with the UK's transport minister, Norman Baker, and said the French government would approach the UK authorities to “arbitrate between the decisions of the two competition authorities”. Source: Global Competition review, 2013
More ticks needed, for overall approval Consider a ‘borderline’ merger. The advisors to the deal believe the chance of merger clearance is 50% Global mergers less likely to be approved than domestic mergers?
The future… Shares of global GDP