Abstract
The introduction of the EC Merger Control Regulation in September 1990 plugged a serious gap in European competition policy. This paper examines aspects of its record over the first ten years. These include the changing scope of the policy and the much higher level of activity than originally anticipated. Developments in the appraisal of mergers are assessed with particular reference to oligopoly, the treatment of non-competition effects and dynamic competition, especially in high tech industries. The risks of an increasing tendency towards remedial settlements are also discussed and some future challenges highlighted .
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