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EC mergers regulation and regional economic cohesion

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Love, James H. (1994) EC mergers regulation and regional economic cohesion. ENVIRONMENT AND PLANNING A, Volume 26 (Number 1). pp. 137-152. doi:10.1068/a260137

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Official URL: http://dx.doi.org/10.1068/a260137

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Abstract

Despite the fact that the European Community (EC) is committed to reducing the economic inequalities between and within its member states, EC mergers policy has no clear mechanism by which the regional economic consequences of takeovers can be assessed or taken into account during merger investigations. This is important, because there is clear evidence that external takeovers are one method by which regional economic imbalance may be exacerbated. In this paper, proposals are put forward for the explicit inclusion of an economic cohesion clause into EC mergers regulation. Also, the advantages such a clause would have are discussed, and the possible objections to the consideration of regional issues during merger investigations are assessed.

Item Type: Journal Article
Divisions: Faculty of Social Sciences > Economics
Faculty of Social Sciences > Warwick Business School > Strategy & International Business
Faculty of Social Sciences > Warwick Business School
Journal or Publication Title: ENVIRONMENT AND PLANNING A
Publisher: PION LTD
ISSN: 0308-518X
Official Date: 1994
Dates:
DateEvent
1994Published
2 April 1993Submitted
Volume: Volume 26
Number: Number 1
Page Range: pp. 137-152
DOI: 10.1068/a260137
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access

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