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Closing the tech acquisitions enforcement gap: from article 22 to article 102.

Authors :
Alessia Sophia, D'Amico
Source :
European Competition Journal. May2024, Vol. 20 Issue 1, p193-217. 25p.
Publication Year :
2024

Abstract

Platform power poses a number of challenges for competition authorities. One concern is that big tech companies may harm competition through the acquisition of emerging companies with a high competitive potential. Such acquisitions may escape ex ante merger control if they do not reach the turnover threshold for mandatory notification. The Commission sought to bridge this enforcement gap with its Article 22 guidance and the Digital Markets Act. This paper evaluates the steps taken by the Commission to increase scrutiny of such mergers. Building on this discussion, the paper examines the AG opinion in Towercast and analyses the residual gap-closing function of Article 102 TFEU. The aim of this paper is to bring the new developments surrounding digital merger control together and assess whether they represent an adequate response to the challenges posed by the digital economy. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
17441056
Volume :
20
Issue :
1
Database :
Academic Search Index
Journal :
European Competition Journal
Publication Type :
Academic Journal
Accession number :
176474482
Full Text :
https://doi.org/10.1080/17441056.2023.2270744