Public Interest Considerations in Us Merger Control: An Assessment of National Security and Sectoral Regulators
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Public Interest Considerations in US Merger Control: An Assessment of National Security and Sectoral Regulators offers a detailed study of the enforcement goals and regulatory framework of merger control assessment in the US. Assessment approaches vary considerably across sectors and Kokkoris explores the different approaches adopted by a range of US regulatory authorities, including the Committee on Foreign Investment in the United States, the Federal Communications Commission, the Department of Transportation, and the Board of Governors of the Federal Reserve System.
Kokkoris argues that US merger assessments can be convoluted as transactions can be assessed under a public interest test by one sectoral authority and under a competition test by the Federal Trade Commission or the Department of Justice. These overlapping approaches can lead to contradictory outcomes, resulting in ineffective competitive dynamics in the sectoral market. The book focuses on the composition, legislation, and the relevant public interest considerations of each regulatory authority and presents seminal cases that illustrate the different enforcement approaches as well as the possible discrepancies between competition law-based assessments and national security or public interest-based assessments. Distilling all these considerations, Public Interest Considerations in Merger Control suggests that the application of the varying shades of the public interest standard can result in a complex and inefficient merger review process and recommends new ways to address these inefficiencies.Ioannis Kokkoris, Chair in Competition Law and Economics, Centre for Commerical Law Studies
Professor Ioannis Kokkoris holds a Chair in Competition Law and Economics and is the Director of the Centre for Commercial Law Studies at Queen Mary University London. His main research interests span all areas of competition law and policy including comparative competition law/economics and policy focusing on EU, US, BRICS and ASEAN. He is also focusing on issues of national security concerns and FDI in US, UK and EU. Professor Kokkoris has formerly served at the UK Competition and Markets Authority, DG Competition, European Commission and US Federal Trade Commission. Professor Kokkoris has led and worked on funded projects by the European Commission, the European Bank for Reconstruction and Development, the World Bank, the OECD, the Organisation for Security and Cooperation in Europe and other international institutions.• Author(s): Clear | James • Publisher: Penguin • Publisher Imprint: Penguin Random House • Subject: General Books
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