Interlocking directorates under Polish competition law Cover Image

Unia i fuzja personalna w polskim prawie ochrony konkurencji
Interlocking directorates under Polish competition law

Author(s): Adrian Bielecki
Subject(s): Business Economy / Management, Commercial Law
Published by: Wydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu Warszawskiego
Keywords: interlocking directorates; merger control; corporate group

Summary/Abstract: Interlocking directorates (“IDs”) refers to a practice of members of a corporate board of directors serving on the boards of more than one corporation. There is no uniform approach to IDs in different legal systems. Under Polish law, ID is an element of the definition of the acquisition of control. The subject matter of the paper is critical analysis of historical development of regulation of IDs under Polish law, current rules governing IDs under Polish law and decisional practice of Polish Competition Authority in that respect. In the author’s view, current Polish antitrust rules on IDs are flawed because they consider the mere existence of ID as a measure enabling exercise of control over undertaking. The paper provides more detailed analysis on the relationship between ID and the concept of control. It also provides ideas how to properly understand IDs under the current Polish law as well as it shows how the regulation of IDs should be reformed.

  • Issue Year: 5/2016
  • Issue No: 7
  • Page Range: 28-44
  • Page Count: 17
  • Language: Polish