In this first section of a three-part article the author looks at concentrations of Community dimension, beginning with an outline of the evolution of the Community's merger legislation and its objectives before providing general remarks on concentrations of Community dimension followed by description and definition of: the concept of concentrations; types of acquistions of control; the notion of Community dimension; turnover; and ancillary restraints.
The second section will deal with the procedure of control and the final section with the assessment of the compatibility of concentrations with the EU.
'[ . . .] what matters for economic development most is the quality of institutions in different countries. The biggest explanatory factor of income differences between countries, of productivity differences between countries, is the way people interact with each other, is the way they trust each other, is the way competition works.'
Business Law Review