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The Miba/Zollern Case on a Ministerial Approval: European Champions Instead of Competition?

SSRN, ISSN: 1556-5068
2019
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  • 953
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Metric Options:   Counts1 Year3 Year

Metrics Details

  • Usage
    953
    • Abstract Views
      881
    • Downloads
      72
  • Ratings
    • Download Rank
      660,039

Article Description

In the current case concerning the ministerial approval of Miba and Zollern, the applicant companies used already known but also new justifications in order to demonstrate public interest advantages of the anti-competitive merger. We examine these reasons for their economic-theoretical foundation and conclude that the Federal Minister of Economics should join the vote of the Monopolies Commission and not grant permission. Furthermore, we recommend a fundamental revision of the instrument in order to be able to justify its continued existence.

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