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Munich Personal RePEc Archive

Competition Policy in the Single European Market

Kirrane, Chris (1991): Competition Policy in the Single European Market.

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Abstract

This paper first discusses the main strategies adopted by large companies in the post-1992 perspective: internal restructuring strategies but also, externally, mergers, acquisitions and cooperation agreements. The second section deals with European competition policy. As far as the agreements are concerned, the approach is very pragmatic and particularly promotes cooperation in R & D, including joint exploitation of results. With regard to mergers, the policy adopted is stricter in that it does not justify the creation of a dominant position because it would contribute to improving technical or economic progress.

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