Dennis Beling is a senior vice president with Compass Lexecon based in Singapore and Hong Kong. He has more than 14 years’ experience as a competition economist. Dennis has worked on a wide range of competition issues including cartel investigations, merger control, abuse of market power, market studies, applications for exemption from competition rules, and cartel damages. His work has covered various industries including high technology, financial services, construction, chemicals, energy, and transport. Dennis has significant experience advising on cases before the European Commission as well as national competition authorities and courts. Recently he has contributed economic analysis to a broad range of competition and policy issues in Hong Kong as Chief Economist of the SAR’s Competition Commission. A focus of Dennis’s practice is merger control and he has extensive experience in providing economic advice in the context of large multi-jurisdictional transactions. Dennis has a strong interest in empirical analysis and has experience in quantifying economic efficiencies both in merger cases (e.g. UPS/TNT) and applications for exemption from competition rules (e.g. in the context of airline alliances). Dennis was educated at the University of Hamburg and at the University of Sydney, where he obtained Master’s degrees in Economics. Dennis is fluent in English and German.
1740 | Events
In the years following the introduction of merger review in China in 2008, China emerged as one of the main jurisdictions for global merger transactions. Today, obtaining clearance in China is often crucial to the overall success of global deals. Merger review in China is therefore a highly relevant topic for companies engaged in global transactions, and for their advisors. We review past merger decisions in the semiconductor industry to illustrate how these events may exacerbate differences in merger reviews between China and other major jurisdictions and may therefore have an impact on global transactions that are notifiable in China. We also look at a development that is of great relevance for transactions in China: merger review in the digital economy. In 2021, the State Administration for Market Regulation (‘SAMR’) published Anti-Monopoly Guidelines for the Internet Economy, which signaled a shift towards increased enforcement in the digital economy, and which has implications also for merger review in China.
Summary On 30 April 2008 the German Federal Cartel Office (FCO) cleared a merger between two book suppliers despite high market shares in a local market. Although the FCO left open the question of whether online book sales belong to the relevant product market, it considered online book (...)
Summary On 13 March 2008 the regional court of Mannheim (Landgericht Mannheim) decided that a manufacturer ("the manufacturer") of school bags does not violate German Competition Law ("GWB") by stopping to supply a retailer ("the retailer") that did not comply with the manufacturer’s (...)