Merger control in the United Kingdom

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Merger control in the United Kingdom

by Andrew Scott, Morten Hviid, Bruce Lyons ; Christopher Bright, consultant editor

Oxford University Press, 2005

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Includes bibliographical references (p. 581-586) and index

Description and Table of Contents

Description

Merger control in the United Kingdom has recently entered a new phase in its development. The advent of the relevant aspects of the Enterprise Act 2002 has been welcomed as a 'depoliticisation' of the regime. The role of the Secretary of State has been all but excised, and the substantive criteria against which mergers are assessed have been revised to offer formally a competition-based standard. Together with guidance published subsequently, the reforms also prescribe a range of new procedural guarantees for those parties affected under the regime. In addition, the EC merger control regime and in particular the nature of its relationship with the competent authorities of the Member States has been significantly revised. It is against this backdrop that the authors - leading experts with first rate regulatory, practical and academic experience - offer a comprehensive statement of the law, architecture, and procedure of merger control in the United Kingdom; explain the factors pertinent to the economic appraisal of mergers in a manner accessible to a legal audience; and give invaluable practical guidance on managing the transactional process and regulatory risk.

Table of Contents

  • INTRODUCTION: THE STRUCTURE AND CONTEXT OF MERGER CONTROL IN THE UNITED KINGDOM
  • PART I: THE SCOPE OF MERGER CONTROL IN THE UNITED KINGDOM
  • PART II: THE SUBSTANTIVE APPRAISAL OF MERGERS IN THE UNITED KINGDOM
  • PART III: THE PROCEDURE AND ENFORCEMENT OF MERGER CONTROL IN THE UNITED KINGDOM
  • PART IV: SPECIAL CASES IN UK MERGER CONTROL
  • CONCLUSION: THE FUTURE OF UK MERGER CONTROL
  • APPENDICES
  • RELEVANT STATUTE
  • RELEVANT GUIDANCE
  • SCHEMATIC DIAGRAMS OF THE MERGER CONTROL PROCESS
  • STANDARD FORMS

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