International M&A Flashcards
Wettbewerber
competitors
Angebot
supply
Kartellrecht
antitrust law
What is a antitrust law?
- Antitrust laws are regulations that encourage competition by limiting the market power of any particular firm.
- his often involves ensuring that mergers and acquisitions don’t overly concentrate market power or form monopolies, as well as breaking up firms that have become monopolies.
Why are antitrust laws important?
- monoplies or catels damage the free competition
- prices may be fixed to force the customer to pay high costs
- other competitiors may be pushed out of the competition
Pros for having regulation which protect domestic industries from foreign competition
1) Domestic industries can make the revenues, thus the tax income is higher
2) Domestic industry is protected from international companies with lower prices
3) if international take over a domestic marke unemployment may rise and thus the economic strength will suffer
Cons for having regulation which protect domestic industries from foreign competition
- If we had these regulations free competition wouldn´t be possible anymore -> prices of domestic producers might be higher
- Higher prices of domestic producers could lead to inflation and less economic strength
- the standard of living may be more expensive than elswhere
decision from a court
ruling
regulation to prevent monoplies
anti-monoplies
Aktien
shares
Zusammenschlüsse und Übernahmen
Mergers & Acquisitions
etwas negativ beeinflussen
to adversely affect
Beschränkungen
restrictions
wichtig, signifikant
key
verboten
prohibited
