For the fifth consecutive year, the Center for European Law and Economics has conducted an extensive survey of legal experts to construct the 2013 Global Merger Control Index. The index compares 70 jurisdictions based on the responses of 259 legal experts, specialising in competition and anti-trust.
The Global Merger Control Index (GMCI) is a part of Megerdata.net (www.mergerdata.net), an ongoing research project on international merger control. The GMCI is based on a survey which asks respondents to asses a number of aspects of their jurisdiction’s anti-trust system. The goal of the index is to enable both cross-sectional and longitudinal comparison of merger review legislation/systems worldwide.
A pdf presentation of the 2014 GMCI is available for download here:
www.mergerdata.net/doc/gmci2014/GMCI2014.pdf
The full data set is available for download here:
www.mergerdata.net/doc/gmci2014/GMCI2014public.xlsx
As a brief summary of this year’s results, our analysis led to the following conclusions:
- The merger review system in the USA outranks the European Union scored in the 2014 Survey, after receiving identical scores in the 2013 Survey.
- The US outranked the EU between 2010 and 2013.
- Cyprus and Hungary are rated to have the most efficient overall review systems within the European Union.
- Poland and Spain are rated the least efficient.
- The highest and lowest scoring OECD countries outside the EU are Norway and Iceland.
- The worst performing non-OECD jurisdictions are Kazakhstan, Argentina, and Zimbabwe.
For more information on the GMCI, including the 2010-2013 indexes, the Mergerdata.net project and the other research components – please visit www.mergerdata.net.
