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Killer Acquisitions – Herausforderungen für die Fusionskontrolle

Killer Acquisitions – Herausforderungen für die Fusionskontrolle
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Year:    2022

Author:    Sauermann, Martin

ZfKE – Zeitschrift für KMU und Entrepreneurship, Vol. 70 (2022), Iss. 1 : pp. 61–67

Abstract

Killer Acquisitions – Challenges for Merger Control

Killer acquisitions are increasingly viewed critically in academia and politics. Authors describe these takeovers as “shoot-out acquisitions” to eliminate start-ups that could develop into potential rivals, or as “pre-emptive mergers” aimed at preventing disruptive competitors. Therefore, also the coalition agreement of Germany‘s new federal government provides that on the EU level Germany shall advocate an amendment of merger control rules to prevent innovation-inhibiting strategic acquisitions by potential competitors. In the same vein, competition authorities around the globe are looking for ways to prevent anti-competitive takeovers, especially of smaller and new competitors, and take different routes to get there. The article therefore examines the scientific literature on killer acquisitions and how merger control rules are being reformed. In particular, German and EU competition law is being discussed.

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Journal Article Details

Publisher Name:    Global Science Press

Language:    German

DOI:    https://doi.org/10.3790/zfke.70.1.61

ZfKE – Zeitschrift für KMU und Entrepreneurship, Vol. 70 (2022), Iss. 1 : pp. 61–67

Published online:    2022-01

AMS Subject Headings:    Duncker & Humblot

Copyright:    COPYRIGHT: © Global Science Press

Pages:    7

Author Details

Sauermann, Martin

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  23. Schumpeter, J. A. (1942): „Capitalism, socialism and democracy“, Harpers & Bro, New York.  Google Scholar
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  26. Bundeskartellamt (2017): Innovationen – Herausforderungen für die Kartellrechtspraxis.  Google Scholar
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  29. Europäische Kommission (2016): Competition Policy Brief – EU merger control and innovation.  Google Scholar
  30. Europäische Kommission (2017): CASE M.7932 – Dow/DuPont, Entscheidung vom 27.3.2017.  Google Scholar

Section Title Page Action Price
Martin Sauermann: Killer Acquisitions – Herausforderungen für die Fusionskontrolle 1
Zusammenfassung 1
Abstract 1
I. Einführung 2
Das Phänomen der Killer Acquisitions 2
II. Forschung und Fallbeispiel zu Killer Acquisitions 3
III. Wettbewerbspolitische Reaktionen 5
IV. Schlussbetrachtung und Forschungsbedarf 6
Literatur 6