Abstract

The aim of this paper is to generate an understanding of the evolution of European competition policy in the context of the globalising economy of the 20th and early 21st centuries by analysing the merger policies. Normally competition policy is framed by legal and economic studies as the set of regulations leading market competition according to criteria of efficiency and/or economic welfare. By advancing this analysis, the paper investigates on how the need for merger regulations grew by the help of various cases that ultimately led to the laying down of EU Merger Regulations. My analysis develops on the basis of understanding of competition policy read along with various cases. This paper will also comparatively analyse the EU and Indian Merger Regulation along with suggestions for changes.

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