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Promoting Competition in Innovation Through Merger Control in the ICT Sector: A Comparative and Interdisciplinary Study


ISBN13: 9783662587867
Published: August 2020
Publisher: Springer-Verlag
Country of Publication: Germany
Format: Paperback (Hardback in 2019)
Price: £79.99
Hardback edition , ISBN13 9783662587836



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This book addresses the question of how competition authorities assess mergers in the Information Communication Technology (ICT) sector so as to promote competition in innovation. A closer look at the question reveals that it is far more complex and difficult to answer for the ICT, telecommunications and multi-sided platform (MSP) economy than for more traditional sectors of the economy. This has led many scholars to re-think and question whether the current merger control framework is suitable for the ICT sector, which is often also referred to as the new economy. The book pursues an interdisciplinary approach combining insights from law, economics and corporate strategy. Further, it has a comparative dimension, as it discusses the practices of the US, the EU and, wherever relevant, of other competition authorities from around the globe. Considering that the research was conducted in the EU, the practices of the European Commission remain a key aspect of the content.Considering its normative dimension, the book concentrates on the substantive aspects of merger control.

To facilitate a better understanding of the most important points, the book also offers a brief overview of the procedural aspects of merger control in the EU, the US and the UK, and discusses recent amendments to Austrian and German law regarding the notification threshold. Given its scope, the book offers an invaluable guide for competition law scholars, practitioners in the field, and competition authorities worldwide.

Subjects:
Competition Law, Mergers and Acquisitions
Contents:
Introduction
Part I. Merger Review
(Ir-) Relevant Markets in the High Technology Sector (?)
Salient Features of the ICT Sector
Theory of Harm: Unilateral Effects in ICT Mergers
Theories of Harm: Vertical Effects in ICT Mergers
Theories of Harm: Conglomerate Effects and Types of Evidence
Merger Control in the EU and the UK
Merger Control in the US
Part II. Merger Remedies and Merger Remedy-related Arbitration
Mergers, Innovation and Remedies' Design
Merger Remedies
Structural Remedies
Non-structural Remedies
Remedies in the Telecommunications Sector
Merger Remedy-Related Arbitration: une innovation suprenante
RTI v. Sky: The First Reported Case of Merger Remedy Related Arbitration
Monitoring Trustee
Part III. Big Data Mergers
Merger Review and Remedies
Big Data and Merger Control
Part IV. Summary, Conclusions and the Road Ahead
Summary, Conclusions and Further Research