Merger Policy in the E-conomy

Nonfiction, Reference & Language, Law, Business
Cover of the book Merger Policy in the E-conomy by Andreas Seip, GRIN Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Andreas Seip ISBN: 9783638231640
Publisher: GRIN Publishing Publication: November 10, 2003
Imprint: GRIN Publishing Language: English
Author: Andreas Seip
ISBN: 9783638231640
Publisher: GRIN Publishing
Publication: November 10, 2003
Imprint: GRIN Publishing
Language: English

Bachelor Thesis from the year 2002 in the subject Law - Civil / Private / Trade / Anti Trust Law / Business Law, grade: First Class, University of Strathclyde (Strathclyde Business School - Law School), course: Strathclyde Business School, 105 entries in the bibliography, language: English, abstract: This paper addresses the economic policy context surrounding the European merger regulation in high-tech industries. The rapidity of technological change raises questions as to the operation of the dynamic parameters underlying high-tech industries. While the identification of those parameters appears to be straightforward, the interpretation of the effects posed by the dynamics is rather controversial. On the one hand, it is argued that the very dynamics of high-tech industries create or strengthen dominant companies whereby consumers run the risk of adopting inefficient technologies. However, the present paper is to contest this reasoning since performance competition and the resultant Schumpeterian process of disequlibria makes a so-called lock-in unlikely. The second chapter is to identify the distinctive parameters of hightech industries, whereby a contrasting analysis between the two dimensions of economic performance, establishes dynamic competition as best utilised to serve the furtherance of consumer welfare. The third chapter is to consider the implications of dynamic competition for current relevant market definition by discussing the deficiencies of current practice. Recent competitive developments appear to confirm a broad, intermarket and technologies-based competition among firms. The fourth chapter, therefore, seeks to propose analytical tools that are capable of evaluating the state of competition more accurately. To that end, the cornerstones of relevant market definition are redefined by including a performance based test, an enquiry into capability explanations and the setting of time frames to assess entry competition. The final chapter is to conclude that although Schumpeterian dynamic competition deals with the expectation of innovation, the proposed analysis is the more accurate approach to intermarket competition. The goal of this paper is to provide a pragmatic framework that assists merger analysis in evaluating the ongoing transformation of industrial organisation in the high-tech environment.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Bachelor Thesis from the year 2002 in the subject Law - Civil / Private / Trade / Anti Trust Law / Business Law, grade: First Class, University of Strathclyde (Strathclyde Business School - Law School), course: Strathclyde Business School, 105 entries in the bibliography, language: English, abstract: This paper addresses the economic policy context surrounding the European merger regulation in high-tech industries. The rapidity of technological change raises questions as to the operation of the dynamic parameters underlying high-tech industries. While the identification of those parameters appears to be straightforward, the interpretation of the effects posed by the dynamics is rather controversial. On the one hand, it is argued that the very dynamics of high-tech industries create or strengthen dominant companies whereby consumers run the risk of adopting inefficient technologies. However, the present paper is to contest this reasoning since performance competition and the resultant Schumpeterian process of disequlibria makes a so-called lock-in unlikely. The second chapter is to identify the distinctive parameters of hightech industries, whereby a contrasting analysis between the two dimensions of economic performance, establishes dynamic competition as best utilised to serve the furtherance of consumer welfare. The third chapter is to consider the implications of dynamic competition for current relevant market definition by discussing the deficiencies of current practice. Recent competitive developments appear to confirm a broad, intermarket and technologies-based competition among firms. The fourth chapter, therefore, seeks to propose analytical tools that are capable of evaluating the state of competition more accurately. To that end, the cornerstones of relevant market definition are redefined by including a performance based test, an enquiry into capability explanations and the setting of time frames to assess entry competition. The final chapter is to conclude that although Schumpeterian dynamic competition deals with the expectation of innovation, the proposed analysis is the more accurate approach to intermarket competition. The goal of this paper is to provide a pragmatic framework that assists merger analysis in evaluating the ongoing transformation of industrial organisation in the high-tech environment.

More books from GRIN Publishing

Cover of the book The dividend puzzle by Andreas Seip
Cover of the book Das Nibelungenlied - medieval society and modern usage by Andreas Seip
Cover of the book Great Britain and the Holocaust: Poland's Role in Revealing the News by Andreas Seip
Cover of the book Expressing emotions in English and Russian by Andreas Seip
Cover of the book Why has the growth in international banking continued despite a reduction in regulatory constraints? by Andreas Seip
Cover of the book Charismatic leadership - Adolf Hitler and the NS-state by Andreas Seip
Cover of the book The Effectiveness of Habitual Residence as a Connecting Factor in the Conflict of Laws by Andreas Seip
Cover of the book Examine the ways in which anthropomorphism and zoomorphism plays an important role in 'Life of Pi' by Andreas Seip
Cover of the book E-Commerce and Egg PLC by Andreas Seip
Cover of the book Der systematische Risikomanagementprozess in der Straffälligenhilfe by Andreas Seip
Cover of the book White-Collar Crime by Andreas Seip
Cover of the book Why Apple must tell its story by Andreas Seip
Cover of the book Discuss ways in which representations of non English characters are used to define Englishness in any two or three texts. by Andreas Seip
Cover of the book How To Gain Trust From Employees by Andreas Seip
Cover of the book The present and the future of the Ukrainian economy by Andreas Seip
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy