Edited by Ioannis Kokkoris, Professor of Competition Law and Economics, Centre for Commercial Law Studies, Queen Mary University of London, UK and Nicholas Levy, Partner in the Brussels and London offices of Cleary Gottlieb Steen & Hamilton LLP

• Contents:Foreword xiiPreface xvResearch Handbook on Global Merger Control: Introduction and synopsis 1Ioannis Kokkoris and Nicholas LevyPART I INSIGHTS ON SELECT TOPICS1 The proliferation of global merger control 11Mark Leddy, Kenneth Reinker and Lars-Peter Rudolf2 Why agencies diverge in their reviews of global deals 49Frederic Depoortere, Andrew Foster, Barry Hawk and Ken Schwartz3 Market definition in merger control revisited 87Jorge Padilla, Joe Perkins and Salvatore Piccolo4 Mergers with homogeneous products: A primer 108Hans Zenger and Pierre Régibeau5 The past, present and future of the SIEC standard in EU merger review 128Sven B. Völcker6 How to address under-enforcement in digital markets? 147Robert Ryan, James Rutt and Mike Walker7 Is the approach to “failing” and “flailing” firms in merger control fit forpurpose? 163Nicole Kar and Josh Buckland8 Efficiencies in horizontal mergers: the white whale of EU merger control? 190Bojana Ignjatovic and Joan de Solà-Morales9 The jurisdictional reach of EC merger control: Striking the right balance 216Nicholas Levy, Andris Rimsa and Bianca Buzatu10 The importance of judicial review for the future of EU merger control 241Bo Vesterdorf, Kyriakos Fountoukakos, Kristien Geeurickx and CamillePuech-Baron11 The politics of merger control in the European Union 267Jonathan Faull12 Industrial policy and EU merger control – finding the right tools 273Philip Lowe, Alec Burnside, and Adam Kidane13 EU merger control and national security assessment: A moving target 328Ioannis Kokkoris14 Can EU merger control resist the turn towards protectionism? 352Anu Bradford15 Mergers, antitrust and the China card 367Eleanor M. Fox16 Greening merger control? The role of environmental considerations inmerger analysis 383Suzanne KingstonPART II JURISDICTION-SPECIFIC INSIGHTS17 Mergers Down Under 403Deborah Healey and Rhonda L. Smith18 Global mergers and international remedies 427Alexandre Cordeiro Macedo19 China’s merger control 437Cunzhen Huang and Yiming Sun20 Merger control in France 462Étienne Chantrel21 In review: Merger control in India 486Nisha Kaur Uberoi22 Merger control in Japan: Select jurisdictional, procedural andsubstantive developments 515Kozo Kawai and Madoka Shimada23 Merger control in Russia: Review and perspectives 537Andrey Tsyganov, Lesya Davydova and Anastasia Dokukina24 Jurisdictional and policy issues in South Africa, including a focus ondigital markets 563Tembinkosi Bonakele25 UK merger control: Select jurisdictional, procedural and substantive issues 594Colin Raftery, Elie Yoo and Andrew Hilland26 US merger control 617D. Bruce Hoffman and Gabriel J. LazarusIndex

Edited by Ioannis Kokkoris, Professor of Competition Law and Economics, Centre for Commercial Law Studies, Queen Mary University of London, UK and Nicholas Levy, Partner in the Brussels and London offices of Cleary Gottlieb Steen & Hamilton LLP

• Contents:Foreword xiiPreface xvResearch Handbook on Global Merger Control: Introduction and synopsis 1Ioannis Kokkoris and Nicholas LevyPART I INSIGHTS ON SELECT TOPICS1 The proliferation of global merger control 11Mark Leddy, Kenneth Reinker and Lars-Peter Rudolf2 Why agencies diverge in their reviews of global deals 49Frederic Depoortere, Andrew Foster, Barry Hawk and Ken Schwartz3 Market definition in merger control revisited 87Jorge Padilla, Joe Perkins and Salvatore Piccolo4 Mergers with homogeneous products: A primer 108Hans Zenger and Pierre Régibeau5 The past, present and future of the SIEC standard in EU merger review 128Sven B. Völcker6 How to address under-enforcement in digital markets? 147Robert Ryan, James Rutt and Mike Walker7 Is the approach to “failing” and “flailing” firms in merger control fit forpurpose? 163Nicole Kar and Josh Buckland8 Efficiencies in horizontal mergers: the white whale of EU merger control? 190Bojana Ignjatovic and Joan de Solà-Morales9 The jurisdictional reach of EC merger control: Striking the right balance 216Nicholas Levy, Andris Rimsa and Bianca Buzatu10 The importance of judicial review for the future of EU merger control 241Bo Vesterdorf, Kyriakos Fountoukakos, Kristien Geeurickx and CamillePuech-Baron11 The politics of merger control in the European Union 267Jonathan Faull12 Industrial policy and EU merger control – finding the right tools 273Philip Lowe, Alec Burnside, and Adam Kidane13 EU merger control and national security assessment: A moving target 328Ioannis Kokkoris14 Can EU merger control resist the turn towards protectionism? 352Anu Bradford15 Mergers, antitrust and the China card 367Eleanor M. Fox16 Greening merger control? The role of environmental considerations inmerger analysis 383Suzanne KingstonPART II JURISDICTION-SPECIFIC INSIGHTS17 Mergers Down Under 403Deborah Healey and Rhonda L. Smith18 Global mergers and international remedies 427Alexandre Cordeiro Macedo19 China’s merger control 437Cunzhen Huang and Yiming Sun20 Merger control in France 462Étienne Chantrel21 In review: Merger control in India 486Nisha Kaur Uberoi22 Merger control in Japan: Select jurisdictional, procedural andsubstantive developments 515Kozo Kawai and Madoka Shimada23 Merger control in Russia: Review and perspectives 537Andrey Tsyganov, Lesya Davydova and Anastasia Dokukina24 Jurisdictional and policy issues in South Africa, including a focus ondigital markets 563Tembinkosi Bonakele25 UK merger control: Select jurisdictional, procedural and substantive issues 594Colin Raftery, Elie Yoo and Andrew Hilland26 US merger control 617D. Bruce Hoffman and Gabriel J. LazarusIndex

Edited by Ioannis Kokkoris, Professor of Competition Law and Economics, Centre for Commercial Law Studies, Queen Mary University of London, UK and Nicholas Levy, Partner in the Brussels and London offices of Cleary Gottlieb Steen & Hamilton LLP

• Contents:Foreword xiiPreface xvResearch Handbook on Global Merger Control: Introduction and synopsis 1Ioannis Kokkoris and Nicholas LevyPART I INSIGHTS ON SELECT TOPICS1 The proliferation of global merger control 11Mark Leddy, Kenneth Reinker and Lars-Peter Rudolf2 Why agencies diverge in their reviews of global deals 49Frederic Depoortere, Andrew Foster, Barry Hawk and Ken Schwartz3 Market definition in merger control revisited 87Jorge Padilla, Joe Perkins and Salvatore Piccolo4 Mergers with homogeneous products: A primer 108Hans Zenger and Pierre Régibeau5 The past, present and future of the SIEC standard in EU merger review 128Sven B. Völcker6 How to address under-enforcement in digital markets? 147Robert Ryan, James Rutt and Mike Walker7 Is the approach to “failing” and “flailing” firms in merger control fit forpurpose? 163Nicole Kar and Josh Buckland8 Efficiencies in horizontal mergers: the white whale of EU merger control? 190Bojana Ignjatovic and Joan de Solà-Morales9 The jurisdictional reach of EC merger control: Striking the right balance 216Nicholas Levy, Andris Rimsa and Bianca Buzatu10 The importance of judicial review for the future of EU merger control 241Bo Vesterdorf, Kyriakos Fountoukakos, Kristien Geeurickx and CamillePuech-Baron11 The politics of merger control in the European Union 267Jonathan Faull12 Industrial policy and EU merger control – finding the right tools 273Philip Lowe, Alec Burnside, and Adam Kidane13 EU merger control and national security assessment: A moving target 328Ioannis Kokkoris14 Can EU merger control resist the turn towards protectionism? 352Anu Bradford15 Mergers, antitrust and the China card 367Eleanor M. Fox16 Greening merger control? The role of environmental considerations inmerger analysis 383Suzanne KingstonPART II JURISDICTION-SPECIFIC INSIGHTS17 Mergers Down Under 403Deborah Healey and Rhonda L. Smith18 Global mergers and international remedies 427Alexandre Cordeiro Macedo19 China’s merger control 437Cunzhen Huang and Yiming Sun20 Merger control in France 462Étienne Chantrel21 In review: Merger control in India 486Nisha Kaur Uberoi22 Merger control in Japan: Select jurisdictional, procedural andsubstantive developments 515Kozo Kawai and Madoka Shimada23 Merger control in Russia: Review and perspectives 537Andrey Tsyganov, Lesya Davydova and Anastasia Dokukina24 Jurisdictional and policy issues in South Africa, including a focus ondigital markets 563Tembinkosi Bonakele25 UK merger control: Select jurisdictional, procedural and substantive issues 594Colin Raftery, Elie Yoo and Andrew Hilland26 US merger control 617D. Bruce Hoffman and Gabriel J. LazarusIndex