Show Summary Details
You do not have access to this content

The impact of mergers on innovation in EU merger control

Pascale Déchamps and Ilaria Fanton

Keywords: mergers; economics; innovation; research and development; EU Merger Regulation; European Commission; merger remedies

Are mergers good for innovation or do they hinder it? Finding a balance between protecting competition in innovation and allowing consolidation in markets where efficiencies might be generated has proven one of the biggest challenges of merger control in recent years. Although economic literature provides helpful pointers in striking that balance, it does not provide a general unambiguous framework. Competition authorities consider both aspects and may seem to have adopted different approaches to this issue in traditional markets (e.g. pharmaceuticals and pesticides) compared to digital markets. While the debate is still ongoing, this article summarizes the theoretical framework from the economic literature and how it has been applied in real recent cases by competition authorities.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.


Further information

or login to access all content.