ARTICLE : MERGER - REMEDIES - FRENCH AND EC REGIMES - FOLLOW-UP - CONTROL - JURISDICTIONAL REVIEW - MONITORIING TRUSTEE

Merger remedies: A call for a stricter control

The credibility of the system of merger control relies on the fact that firms comply with the remedies. The importance of this issue has been increased by the development of behavioural remedies and by the increasing complexity of the different types of structural remedies. In this context, the adequacy of the material means of the French competition authority and the procedure of sanction in case of nonfulfilment can be questioned. The contractual mechanisms defined in remedies aimed at ensuring compliance could bear some improvements, both for structural and behavioural remedies. This topic is dealt by a leading article from a practitioner, accompanied by two briefs papers, one from the Rapporteur général of the French Competition Council, and another from two representatives relating their experience as monitoring trustees in various EC member States. This set of three articles (the two first in French, the last one in English) is written by leading practitionners, both lawyers and monitoring trustees, and the Rapporteur général of the French Competition Council.

On this issue, see also: Martijn Snoep, The Dutch competition authority seeks views on draft revised remedies guidelines, e-Competitions, June 2007-II

LE SUIVI DE L'EXECUTION DES ENGAGEMENTS DANS LES CONCENTRATIONS FRANÇAISESLe dispositif existant est-il à la mesure des enjeux ? Nathalie JALABERT-DOURY Avocat à la Cour Laurent NOUVEL Avocat à la Cour En juin 2006, le Directeur Général de la Concurrence de la Consommation et de la Répression des Fraudes, M. Guillaume Cerutti, soulignait lors d'un colloque AFEC puis dans ces mêmes colonnes que le suivi du respect des engagements relevait «évidemment d'une problématique centrale, puisque la crédibilité du système tout entier repose sur la manière dont sont suivis et respectés les engagements» . Or, cinq ans après l'entrée en vigueur du nouveau régime de contrôle des concentrations, les enjeux ont évolué du fait notamment de la reconnaissance croissante des engagements comportementaux, et plus

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Authors

  • Mayer Brown (Paris)
  • Regional Economic Service of the French Embassy (Finland)
  • Imperial College Business School (London)
  • Added Value Capital Partners (AVCP) (Royston)
  • Air Liquide (Paris)

Quotation

Nathalie Jalabert-Doury, Nadine Mouy, Thomas Hoehn, Matthew Gaved, Laurent Nouvel, Merger remedies: A call for a stricter control, May 2007, Concurrences Review N° 2-2007, Art. N° 13603, pp. 29-38

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