The first section of this three-part article looked 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 dealt with the procedure of control.
This third section will deal with the assessment of the compatibility of concentrations with the common market.
‘( . . .) 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