International Mergers and Acquisitions : Their Economic Impact and Competition Policy Issues

Abstract

In recent years, activities of international mergers and acquisitions have been increasing considerably in the world, and Taiwan was no exception. Regarding the regulation of international mergers and acquisitions, the Fair Trade Law of Chinese Taipei does not stipulate different procedures from those associated with domestic mergers and acquisitions. Given the peculiarities of international mergers and acquisitions, however, it seems inappropriate to adopt the same rules and procedures as those applied to domestic ones. The purpose of this study is to investigate the economic impact of international mergers and acquisitions as well as related competition policy issues. It is hoped that the understanding of their peculiarities in economic impact and competition policy will enable us to provide policy recommendations for regulating those activities.