Friday, July 4, 2014
Yavuz Karagok, Swiss Competition Commission and Samuel Rutz, Avenir Suisse write Towards optimal merger notification regimes: evidence from Switzerland.
ABSTRACT: The literature on ex post assessment of merger cases, and particularly on those contributions evaluating the ‘correctness’ of specific merger decisions by competition authorities, has grown in recent years. However, the question of whether notifications regimes are efficient, ie whether competition authorities are in a position to review the set of mergers that potentially raises competitive concerns, has largely been neglected so far. This article attempts to fill this gap by evaluating the effectiveness of the Swiss merger notification regime, focusing, in particular, on the level of turnover thresholds that trigger notification duties.