Philip Krinks

On March 2000, the European Commission rejected Volvo’s application for competition clearance of the Scania acquisition on the ground that it would give the merged firms a virtual monopoly in Sweden and a clearly dominant position in the Nordic area. Such case leads to the following questions: Why is competition policy necessary? How do you measure market power? How to define the market?

Published 05 Jan 2003

Reference 5107

Topic Economics & Finance

Region Europe

View case
On March 2000, the European Commission rejected Volvo’s application for competition clearance of the Scania acquisition on the ground that it would give the merged firms a virtual monopoly in Sweden and a clearly dominant position in the Nordic area. Such case leads to the following questions: Why is competition policy necessary? How do you measure market power? How to define the market?

Published 05 Jan 2003

Reference 5107

Topic Economics & Finance

Region Europe

View case