Dynamic Efficiency Gains and Innovation in the EC Merger Control

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Focusing on the intersection of merger control and technological progress, this analysis reviews the European Commission's decisional practice regarding phase II merger decisions from 1989 to 2008. It highlights the growing significance of high technology industries in economic performance and the role of innovation in shaping economic policy. The examination reveals how competition authorities address the challenges posed by mergers in innovation-driven sectors, reflecting the critical relationship between technological advancement and economic growth.