A Comparative Study on Substantial Provisions Regarding Merger Control in Light of Competition Law in EU and Iranian Legal Systems

Document Type : Research Paper

Authors

1 Ph.D. candidate of Private Law, Department of Private Law, College of Law and Political Science, Science and Research Branch, Islamic Azad University, Tehran, Iran.

2 Faculty member, Private Law Department, Faculty of Law and Political Sciences, Allameh Tabataba'i University, Tehran - Iran

Abstract

From one perspective, provisions regarding the merger control in Iran and EU legal systems can be divided into two categories: "substantial provisions" and "procedural provisions".In order to control all types of concentrations including merger and takeover, EU has recognized a same test albeit different from other anti-competitive practices named as "Significantly Impede Effective Competition (SIEC)", which may be materialized as a result of various practices such as "creation or strengthening of a dominant position". On the other hand, Iranian legal system has recognized two different test on merger and takeover: "creation of Intense concentration" on merger and "distortion of competition" on takeover.
       Moreover Iranian legal system has provided the public provisions on anti-competitive practices as well as on mergers, while EU legal system has provided special and different provisions for merger control from competition law point of view rather than other anti-competitive practices. This article seeks to compare provisions of mentioned legal systems and to describe defects of provisions of Iranian legal system and make recommendation about it In this regard.

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Main Subjects

References

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