For the fourth 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 65 jurisdictions based on the responses of 192 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 2013 GMCI is available for download here:
www.mergerdata.net/doc/gmci2013/GMCI2013.pdf
The full data set is available for download here:
www.mergerdata.net/doc/gmci2013/GMCI2013public.xlsx
As a brief summary of this year’s results, our analysis led to the following conclusions:
- The merger review systems in the USA and EU are considered to function equally well
- Mostly, the merger review systems of the world are considered to be unbiased, reliable and independent
- Many review systems impose excessive information requirements; however few require insufficient amounts information
For more information on the GMCI, including the 2010-2012 indexes, the Mergerdata.net project and the other research components – please visit www.mergerdata.net.