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Title:The analysis of coordinated effects in EU merger control: where do we stand after Sony/BMG and Impala? PDF Logo
Authors:Aigner, Gisela
Budzinski, Oliver
Christiansen, Arndt
Issue Date:2006
Series/Report no.:Marburger volkswirtschaftliche Beiträge 2006,14
Abstract:The recent Impala Judgment by the CFI on the Sony/BMG Decision by the Commission represents the most important ruling on collective dominance since Airtours. We review both the Decision and the Judgment and derive implications for the institutional and substantive development of EU Merger Control. Firstly, Impala introduces an ambitious symmetric standard of proof for prohibition and clearance decisions by the Commission. While alleviating fears of an increasing number of false positives in the aftermath of Airtours, this entails the problem of how to deal with cases in which neither the existence, nor the absence of anticompetitive effects can be proven to the required standard. Secondly, the ongoing process of increasing the role of third parties in European Merger Control is fuelled. Thirdly, Impala has the potential to herald a comeback of coordinated effects analysis, further precising the conditions for establishing this kind of anticompetitive effect. Additionally, given the characteristics of the music industry, we criticise a lack of in-depth economic analysis of non-price competition issues, such as innovations and product diversity.
Subjects:merger control
coordinated effects
standard of proof
music industry
collusion
Impala
Sony/BMG
JEL:K21
L41
L13
L82
Document Type:Working Paper
Appears in Collections:Marburg Papers on Economics • Marburger Volkswirtschaftliche Beiträge, Universität Marburg

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