经济与管理研究2017，Vol.38Issue(6)：74-83,10.DOI:10.13502/j.cnki.issn1000-7636.2017.06.008
横向并购反垄断审查中的效率与反竞争效应权衡
The Tradeoff Analysis of Efficiency and Anticompetitive Effects in Anti-monopoly Review of Horizontal Merger
韩春霖1
作者信息
- 1. 西安交通大学经济与金融学院,西安市,710049
- 折叠
摘要
Abstract
Merging parties may achieve scale economies and scope economies,and reduce the transaction cost as a result of the horizontal merger,but the merger may also create eliminative or restrictive impact on competition.Oliver Williamson first proposed a welfare tradeoff model of efficiency benefits and the enhancement of market dominant position in 1968.According to the Horizontal Merger Guidelines issued by U.S.Department of Justice and the Federal Trade Commission in 2010,the agencies credit only those cognizable and merger-specific efficiencies,and vague and speculative efficiency effects will not be considered.Guidelines on the Assessment of Horizontal Mergers issued by the European Commission in 2004 stated that the Commission would only take account of efficiency claims which have to benefit consumers,be merger-specific and be verifiable.Although the competition agencies from the US and European jurisdictions consider the efficiency impact in the merger review gradually,there is almost no case where the successful efficiency defense reverses the decision of blocking an anticompetitive transaction.Therefore,Chinese competition authorities should realize the importance and necessity of efficiency analysis in the anti-monopoly review.The efficiency should be justified under social total welfare criteria,and the appropriate economic approach to analyze efficiency effects must be explored.关键词
横向并购/反垄断审查/效率权衡Key words
horizontal merger/anti-monopoly review/efficiency tradeoff分类
管理科学引用本文复制引用
韩春霖..横向并购反垄断审查中的效率与反竞争效应权衡[J].经济与管理研究,2017,38(6):74-83,10.
