Merger control in the Big Data era – on the new jurisdictional threshold based on the transaction value criterion in the context of the European Commission’s decision-making practice and the amendments to Austrian and German antitrust laws Cover Image

Kontrola koncentracji w dobie Big Data – o przesłance jurysdykcyjnej opartej na kryterium wartości transakcji w kontekście orzecznictwa KE oraz nowelizacji austriackiego i niemieckiego prawa antymonopolowego
Merger control in the Big Data era – on the new jurisdictional threshold based on the transaction value criterion in the context of the European Commission’s decision-making practice and the amendments to Austrian and German antitrust laws

Author(s): Laura Skopowska
Subject(s): Business Economy / Management, Commercial Law
Published by: Wydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu Warszawskiego
Keywords: merger control; jurisdictional thresholds; Big Data; turnover threshold; transaction value threshold; consideration threshold; digital markets; data

Summary/Abstract: During a recent consultation of the European Commission on the assessment of the procedural and jurisdictional aspects of EU merger control, the Commission expressed significant doubts regarding its notification system based solely on a turnover criterion, which can create significant enforcement gaps while assessing acquisitions taking place in the digital and pharmaceutical markets. In the Big Data era, when databases are of increasing market importance, current jurisdictional thresholds may not be a sufficient tool to detect anticompetitive acquisitions on the digital market. This scientific article assesses whether the introduction of new criteria is justified. The article also includes an analysis of amendments made to the German and Austrian merger control procedure which introduce a new criterion of ‘consideration value’ (also referred to as ‘transaction value’) along with the turnover criterion.

  • Issue Year: 7/2018
  • Issue No: 8
  • Page Range: 83-97
  • Page Count: 15
  • Language: Polish