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Agency decision-making in merger cases – Simon VANDE WALLE – European Commission - November 2016 OECD discussion

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This presentation by Simon VANDE WALLE (Case handler at the European Commission) was made during the roundtable discussion on agency decision-making in merger cases: from a prohibition decision to a conditional clearance held during the 124th meeting of the OECD Working Party No. 3 on Co-operation and Enforcement on 29 November 2016. More papers and presentations on the topic can be found out at www.oecd.org/daf/competition/agency-decision-making-in-merger-cases.htm

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Agency decision-making in merger cases – Simon VANDE WALLE – European Commission - November 2016 OECD discussion

  1. 1. Simon VANDE WALLE Case handler DG Competition, European Commission 29 November 2016 Prohibitions vs remedies in EU merger control
  2. 2. Disclaimer • I speak in my personal capacity. Please do not attribute what I say to the European Commission or DG Competition. 2
  3. 3. Today's presentation • 1) Basics of the EU system • 2) Statistics • 3) Effectiveness of remedies • 4) Recent cases 3
  4. 4. BASICS OF THE EU SYSTEM 4
  5. 5. Basics of the EU system • anti-competitive effects outweigh efficiencies  SIEC • remedies must fully remove SIEC (Phase II) • remedies in Phase I must be clear-cut and fully remove "serious doubts" 5
  6. 6. STATISTICS 6
  7. 7. 7 2012 2013 2014 2015 2016 (until end of October) Remedies 15 13 17 20 20 Prohibitions 1 2 0 0 1 Abandoned in Phase II 1 0 0 2 1 Total 17 15 17 22 22
  8. 8. 2016: a record year? 8 *2016 projections based on notifications up to end of October 330 335 277 211 247 313 356 402 348 259 274 309 283 277 303 337 361 0 50 100 150 200 250 300 350 400 450 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 (projected) N.ºofcases Year Number of notifications (2000-2016)
  9. 9. Interventions 9 0% 2% 4% 6% 8% 10% 12% 14% 16% %Interventionrate Year remedies phase I+II, prohibitions, withdrawals phase II remedies I+II over total decisions prohibitions over total decisions interventions over total decisions withdrawals second phase over total decisions
  10. 10. EFFECTIVENESS OF REMEDIES 10
  11. 11. Ex-post evaluations • - Merger Remedies Study (Oct. 2005) • - A review of merger decisions in the EU: What can we learn from ex-post evaluations? (July 2015) • - Ex-post evaluation of two mobile telecom mergers (Nov. 2015) 11
  12. 12. RECENT CASES 12
  13. 13. Recent cases • Hutchison/Telefonica UK • Hutchison 3G Italy/Wind/JV • Halliburton/Baker Hughes • Ball/Rexam • Holcim/Lafarge, AB InBev/SAB Miller 13

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