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Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook

Ed. by Ziegler, Dieter


CiteScore 2018: 0.06

SCImago Journal Rank (SJR) 2018: 0.115
Source Normalized Impact per Paper (SNIP) 2018: 0.203

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2196-6842
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Volume 59, Issue 2

Issues

Marktprognosen im Interesse der Strukturpolitik

Fusionskontrollverfahren vor dem Bundeskartellamt in den 1970er und 1980er Jahren

Louis Pahlow (Prof. Dr.),
  • Corresponding author
  • Fachbereich Rechtswissenschaft, Institut für Rechtsgeschichte, Goethe-Universität Frankfurt am Main, Campus Westend, Theodor-W.-Adorno-Platz 4, D-60629 Frankfurt a.M., Frankfurt, Germany
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/ Verena Rassow
  • Fachbereich Rechtswissenschaft, Institut für Rechtsgeschichte, Goethe-Universität Frankfurt am Main, Campus Westend, Theodor-W.-Adorno-Platz 4, D-60629 Frankfurt a.M., Frankfurt, Germany
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Published Online: 2018-12-31 | DOI: https://doi.org/10.1515/jbwg-2018-0012

Abstract

The paper focuses on the forming of expectations by regulatory authorities in the case of merger control after 1973, when the German legislator stipulated a decision by its officials on future competition in relevant markets. The regulatory and decision-making behavior of officials is analyzed on the basis of selected merger procedures in the chemical industry, which underwent far-reaching structural change in the 1970s and 1980s. Here, institutionalization processes for overcoming information asymmetries and the formation of market expectations can be diagnosed inside the office as well as inside the firms. Adaptive expectations with regard to current market diagnoses and legal assumptions (“Vermutungstatbestände”) play a significant role for their forecast decisions. The study is based on previously unpublished files of the Federal Cartel Office.

JEL Classification: K 21; L 43; N 44

Keywords: Regulation; Antitrust Law; merger control; Federal Cartel Office; structural policy; business company; merger; institutionalization; Regulierung; Kartellrecht; Fusionskontrolle; Bundeskartellamt; Strukturpolitik; Unternehmen; Unternehmenszusammenschluss; Institutionalisierung

About the article

Louis Pahlow (Prof. Dr.),

Prof. Dr. Louis Pahlow geb. 1970, 1998 Promotion (JLU Gießen), 2005 Habilitation (Universität Bayreuth), 2007-2009 ord. Professor an der Universität Mannheim, 2009-2012 an der Universität Saarbrücken, seit 2012 Inhaber des Lehrstuhls für Neuere und Neueste Rechtsgeschichte, Zivilrecht und Gewerblichen Rechtsschutz an der Goethe-Universität Frankfurt a.M.

Verena Rassow

Verena Rassow geb. 1988, ist wissenschaftliche Mitarbeiterin am Lehrstuhl für Neuere und Neueste Rechtsgeschichte, Zivilrecht und Gewerblichen Rechtsschutz an der Goethe-Universität Frankfurt a.M.


Published Online: 2018-12-31

Published in Print: 2018-11-27


Citation Information: Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook, Volume 59, Issue 2, Pages 343–376, ISSN (Online) 2196-6842, ISSN (Print) 0075-2800, DOI: https://doi.org/10.1515/jbwg-2018-0012.

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