The Organisation for Economic Co-operation and Development holds a roundtable on portfolio effects in conglomerate mergers

Key documents: Executive Summary with key findings, Detailled Summary of the discussion, Background note Executive summary, by the Secretariat Considering the discussion at the roundtable, the delegate submissions, and the background paper, a number of key points emerge: (1) Portfolio effects in conglomerate mergers include potential pro- and anti-competitive effects that might arise due to a merger uniting complementary products in which one or more parties enjoy significant market power. The complementarities featured in conglomerate mergers displaying portfolio effects extend beyond classic economic complementarity. They cover as well "technical" complementarities (products which, for technical reasons, must be consumed together) and "commercial" complements (products forming

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  • OECD - Competition Division (Paris)

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OECD, The Organisation for Economic Co-operation and Development holds a roundtable on portfolio effects in conglomerate mergers, 1 October 2001, e-Competitions October 2001, Art. N° 85740

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