ON-TOPIC: MERGERS - CONTROL - REFORM - EX POST REVIEW
Should ex post merger reviews be more widespread?
This series of articles analyses French competition policy in the field of merger control; in particular it addresses the issue of the implementation of the ex post evaluation mechanism. This set is introduced by Jean-Mathieu Cot (COT LAW), and gathers contributions from Séverine Schrameck (CGSH), Étienne Chantrel and Étienne Pfister (French Competition Authority). Each article questions the benefits, limits and risks posed by such a reform.
*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Introduction
Jean-Mathieu Cot Lawyer, COT LAW, Paris
1. In an increasingly complex and mobile world, taking into account a dynamic analysis of the markets imposes choices and bets on the future. Ex post evaluation is therefore the counterpart of a certain right to make mistakes advocated by Jean Tirole [1]. It makes it possible to assess the effects of the decisions that have been taken, of a policy that has been adopted and of the resources used to implement this policy. It allows a competition authority to have a satisfied view of the work accomplished. Ex-post evaluation also and above all allows for improvement, for correcting what can be improved.
2.
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