An institutional analysis of the enforcement problems in merger control

  title={An institutional analysis of the enforcement problems in merger control},
  author={Oliver Budzinski},
  • Oliver Budzinski
  • Published 2010
The literature identifies a significant drop in merger control enforcement activity on both sides of the Atlantic during the last decade. Furthermore, this drop in enforcement activity is convincingly connected to enforcement problems on the sides of the competition agencies. This paper goes beyond the identification of underenforcement and proceeds to the analysis of causes for the enforcement problems and the discussion of possible solutions. It argues that modern institutional economics… CONTINUE READING
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