Mergers, acquisitions and joint ventures
According to competition rules, merger and acquisition deals above a certain threshold are subjected to the approval of competition authorities. In case of high post merger market shares, the approval becomes more difficult to obtain or the possibility of a conditional approval increases. A potential incompatibility between the merging parties commercial strategies and the nature of the foreseen structural remedies may jeopardize the whole deal. Therefore an economic analysis of the competitive framework in a post merger scenario would be useful. It would make it possible to determine whether there are indeed risks related to competition and as such possibly allay the concerns of competition authorities. In this framework, the definition of the relevant market and of the nature of the competition in the market and the impact assessment of the merger on competition can be carried out.