The Organisation for Economic Co-operation and Development holds a roundtable on standard for merger review

OECD,

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1 Oct 2009

The Organisation for Economic Co-operation and Development holds a roundtable on standard for merger review

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Reference

OECD, Standard for Merger Review, Executive Summary with key findings, Detailed Summary of the discussion, Background note, June 2009

Executive summary, by the Secretariat From the country submissions, the Secretariat Issues Paper, and the discussion at the roundtable in June 2009, the following points emerge: (1) Most competition authorities rely on one of two main tests applied to assess whether a merger has anti-competitive effects: (i) the dominance test and (ii) the significant lessening of competition (SLC) test. Some, such as the EU, have a hybrid test, which combines the dominance and the SLC standards. Under the dominance test a merger is anticompetitive and can be prohibited if it strengthens or creates a dominant position in the market. The notion of dominance is not clearly defined in economics but it certainly reaches situations in which a market leader with a degree of independence from competitive

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OECD
OECD - Competition Division (Paris)

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OECD, The Organisation for Economic Co-operation and Development holds a roundtable on standard for merger review, 1 October 2009, e-Competitions October 2009, Art. N° 85651

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