Understanding Merger Control in Macedonian Competition Law

Panev, Kristijan (2024) Understanding Merger Control in Macedonian Competition Law. In: The 7th International Scientific Conference Management and law 2024 “Modern Challenges in Management, Economy, Law, Security and Information Society”, 17 May 2024, Faculty of Business and Law "MB" University, Belgrade, Serbia. (In Press)

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Abstract

This article explores the close relationship between Macedonian competition law and EU regulations, with a focus on concentration as a critical aspect of competition policy. Originating from strategic aspirations for EU membership, Macedonian competition law is deeply influenced by EU standards, particularly regarding merger control, which is seen as a key element of competition law. Both Macedonian and EU competition laws prioritize preventive measures to prevent harmful mergers and acquisitions between enterprises seeking market dominance. Such dominance concentrates market power, which, if abused, can impede effective competition, and innovation, and harm consumer welfare through higher prices, lower quality, and limited choices. Given the limited discussion on market concentrations in Macedonia, this article aims to shed light on competition policy related to preventing harmful concentrations. Using descriptive and analytical legal research methods, it examines mergers and acquisitions in the Macedonian market, legal obligations in cases of market competition disturbances, and evaluates the effectiveness of the control mechanisms. It also analyzes the operations of the Macedonian Competition Authority regarding market concentrations, focusing on notification processes and challenges faced. Through a comprehensive analysis, this paper contributes to a deeper understanding of concentration control mechanisms in Macedonian competition law and provides insights into broader competition policy dynamics, offering valuable implications for policymakers, legal practitioners, and scholars.

Keywords: mergers, concentration, competition, market, control

Item Type:	Conference or Workshop Item (Speech)
Subjects:	Social Sciences > Law
Divisions:	Faculty of Law
Depositing User:	Kristijan Panev
Date Deposited:	20 Jun 2024 07:23
Last Modified:	20 Jun 2024 07:23
URI:	https://eprints.ugd.edu.mk/id/eprint/34300

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