Academic literature on the topic 'The merger regulation'

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Journal articles on the topic "The merger regulation"

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Love, J. H. "EC Mergers Regulation and Regional Economic Cohesion." Environment and Planning A: Economy and Space 26, no. 1 (January 1994): 137–52. http://dx.doi.org/10.1068/a260137.

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Despite the fact that the European Community (EC) is committed to reducing the economic inequalities between and within its member states, EC mergers policy has no clear mechanism by which the regional economic consequences of takeovers can be assessed or taken into account during merger investigations. This is important, because there is clear evidence that external takeovers are one method by which regional economic imbalance may be exacerbated. In this paper, proposals are put forward for the explicit inclusion of an economic cohesion clause into EC mergers regulation. Also, the advantages such a clause would have are discussed, and the possible objections to the consideration of regional issues during merger investigations are assessed.
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Sridana, I. Kadek, I. Nyoman Putu Budiartha, and I. Putu Gede Seputra. "Perlindungan Hukum Terhadap Pemegang Saham Minoritas Pada Perseroan Terbatas Yang Melakukan Merger." Jurnal Analogi Hukum 2, no. 1 (March 4, 2020): 59–62. http://dx.doi.org/10.22225/ah.2.1.1618.59-62.

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Abstract-Mergers can be said as a strategy or one way to increase a company, therefore there is a need for legal protection for minority shareholders if they do not agree with the merger but the merger is still implemented, and the shareholders are forced to accept the merger. The formulation of the problem in this case is (1) what is the position of the minority shareholders for the limited liability company that merges? (2) What is the legal protection of minority shareholders in a limited liability company that merges? This research method uses a normative research method by approaching the problem in the form of a draft law that relates to the problem under study. The sources of legal material to be used are sourced from research, the literature in the form of primary legal material and secondary legal material. The result of this study are the legal position of the minority shareholders of the company (PT) that carried out the merger has been regulated in Law number 40 of 2007 concerning Limited Liability Companies and in Government Regulation Number 27 of 1998 concerning merger, consolidation and takeover of the interests of minority shareholders. In general, the law of limited liability companies is a guideline in the framework of protecting minority shareholders. Protection of minority shares is one of the important things, especially when the company conducts legal actions such as mergers, both preventive legal protection and repressive legal protection. Keywords: Legal protection, shareholders, mergers Abstrak- Merger dapat dikatakan sebagai strategi atau salah satu cara untuk meningkatkan suatu perusahaan oleh karena itu perlu adanya perlindungan hukum terhadap pemegang saham minoritas apabila mereka tidak setuju dengan merger namun merger tetap dilaksanakan, dan pemegang saham tersebut dipaksakan untuk menerima merger tersebut. Adapun rumusan masalah dalam hal ini (1) Bagaimanakah kedudukan pemegang saham minoritas bagi perseroan terbatas yang melakukan merger? (2) Bagaimanakah perlindungan hukum terhadap pemegang saham minoritas pada perseroan terbatas yang melakukan merger? Metode penelitian ini menggunakan metode penelitian normatif dengan melakukan pendekatan masalah berupa pedekatan perundang-undangan yang berkaitan dengan masalah yang dikaji. Adapun sumber bahan hukum yang akan digunakan yakni bersumber dari penelitian, kepustakaan berupa bahan hukum primer dan bahan hukum sekunder. Adapun hasil dari penelitian ini adalah kedudukan hukum pemegang saham minoritas terhadap perusahaan (PT) yang melakukan merger, sudah diatur dalam Undang-undang nomor 40 tahun 2007 tentang Perseroan terbatas serta dalam Peraturan pemerintah Nomor 27 Tahun 1998 tentang penggabungan, peleburan, dan pengambilalihan tentang kepentingan pemegang saham minoritas. Secara umum hukum perseroan terbatas menjadi pedoman dalam rangka perlindungan pemegang saham minoritas. Perlindungan terhadap saham minoritas merupakan salah satu hal yang penting terutama saat persroan melakukan perbuatan hukum seperti merger baik perlindungan hukum secara preventif maupun perlindungan hukum secara represif. Kata kunci: Perlindungan hukum, Pemegang saham, Merger
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Drauz, Götz. "An efficiency defence for mergers: Putting an intricate puzzle together." Zeitschrift für Wettbewerbsrecht 1, no. 3 (August 1, 2003): 254–70. http://dx.doi.org/10.15375/zwer-2003-0302.

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Abstract The EU merger control system is currently undergoing a reform. Alongside proposed changes to the EC Merger Regulation, the European Commission adopted draft guidelines for the appraisal of horizontal mergers. One important issue of the guidelines is the treatment of efficiencies within the appraisal of mergers. The purpose of this article is to analyse some of the key issues.
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Fahamsyah, Ermanto, and Fadillah Atika Suri. "Post-Notification Arrangements in Merging Business Entities (Mergers) as an Effort to Prevent Unfair Business Competition." Lentera Hukum 6, no. 2 (July 29, 2019): 213. http://dx.doi.org/10.19184/ejlh.v6i2.9970.

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One way a business actor strengthens their business is through cooperation with other business actors. One form of cooperation is a "merger" or another term, "merging." Mergers carried out by business actors can result in monopolistic practices or unfair business competition. A merger of competition aspects is regulated in Article 28 and 29 of Law No. 5 of 1999 on the Prohibition of Monopolistic Practices and Unfair Business Competition which provides regulation regarding post-notification of mergers. Commission Regulation No. 1 of 2009 on Pre-Notification of Mergers, Consolidations, and Acquisitions gives a different arrangement, namely in the form of pre-notification to business actors. This difference in notification arrangements provides ineffectiveness and inefficiency for business actors. Keywords: Post-Notification, Mergers, Unfair Business Competition.
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Cohn, Stuart R. "Mergers and Antitrust Regulation in the United States." Leiden Journal of International Law 1, no. 2 (November 1988): 137–48. http://dx.doi.org/10.1017/s0922156500000832.

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In his article on mergers and antitrust regulation in the United States, Professor Cohn describes the intricate relationship between the two concepts. Antitrust law is analyzed along the lines of the Sherman Act, the Clayton Act and the Hart-Scott-Rodino Act. Furthermore, Professor Cohn frequently refers to relevant jurisprudence in his efforts to clarify the present-day legal situation in the United States with respect to horizontal and vertical mergers. He concludes that merger law in the United States is an amalgam of state and federal law which does not account for a ‘unified set of rules governing mergers’.
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Monti, Giorgio. "The New Substantive Test in the EC Merger Regulation—Bridging the Gap between Economics and Law?" Cambridge Yearbook of European Legal Studies 10 (2008): 263–85. http://dx.doi.org/10.1017/s1528887000001336.

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In the last 20 years, the application of EC competition law by the Commission has been increasingly informed by economics. However, whilst the Commission has operated an economically enlightened regime in the field of merger control as a whole, its policy on conglomerate mergers and ambiguity over the role of efficiencies have received adverse comment. Several defeats in the Court of First Instance suggested poor handling of economic evidence in the merger review process.
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Kovar, R. "The EEC Merger Control Regulation." Yearbook of European Law 10, no. 1 (January 1, 1990): 71–101. http://dx.doi.org/10.1093/yel/10.1.71.

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Goñi Urriza, Natividad. "El sometimiento de las adquisiciones minoritarias que no otorgan el control a las normas sobre el control de las concentraciones = The control under merger rules of acquisitions of non-controlling minority shareholdings." CUADERNOS DE DERECHO TRANSNACIONAL 9, no. 2 (October 5, 2017): 314. http://dx.doi.org/10.20318/cdt.2017.3875.

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Resumen: El trabajo aborda la conveniencia de someter al control de concentraciones las adquisiciones minoritarias que no otorgan el control del objetivo tanto a nivel europeo como nacional. La Comisión Europea propone la modificación del Reglamento de concentraciones con el fin de introducir un sistema de transparencia selectivo y evaluar estas adquisiciones aplicando el criterio de la restricción significativa de la competencia. El artículo analiza la conveniencia de reformar también la LDC en el mismo sentido.Palabras clave: Adquisiciones de participaciones minoritarias. Control de concentraciones. Reforma Reglamento de concentraciones y LDC. Mecanismos de remisión.Abstract: The article handle with the need to extend the Merger control rules to the acquisition of non-controlling minority shareholdings at European and national level. The Commission proposes to modify de Merger Regulation in order to introduce the transparency system and apply the substantive test for mergers: the significant restriction of competition. This work analyses the convenience of the reform of the LDC as well.Keywords: Acquisition of non-controlling minority shareholdings. Merger control. Merger Regulation and LDC reform. Case referrals.
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Lin, Dongyun, James Barth, John Jahera, and Keven Yost. "Cross-Border Bank Mergers and Acquisitions: What Factors Pull and Push Banks Together?" Review of Pacific Basin Financial Markets and Policies 16, no. 04 (December 2013): 1350022. http://dx.doi.org/10.1142/s0219091513500227.

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This paper evaluates factors that encourage or impede cross-border mergers and acquisitions in banking. The effects of bank specific features, as well as bank regulatory factors, from both target and acquiring banks' perspectives, are estimated. Three comprehensive databases are combined to provide a unique dataset to study cross-border merger and acquisition activities of banks. Banking sector regulatory variables included make this study among the first to empirically and comprehensively analyze the interrelationship between bank regulation and cross-border bank mergers and acquisitions. The results indicate that both bank characteristics and country specific characteristics are important determinants of banks' cross-border merger and acquisition activities.
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Akbar, Yusaf H., and Gabriele G. S. Suder. "The new EU merger regulation: Implications for EU-U.S. merger strategies." Thunderbird International Business Review 48, no. 5 (2006): 667–85. http://dx.doi.org/10.1002/tie.20115.

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Dissertations / Theses on the topic "The merger regulation"

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HAYASHI, Shuya, and 秀弥 林. "Merger Regulation in the Antimonopoly Law." 名古屋大学大学院法学研究科, 2008. http://hdl.handle.net/2237/10650.

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Dibotelo, Gorata Tlhale. "Merger regulation in Botswana: does the Competition Act 2009 adequately provide for mergers?" Master's thesis, University of Cape Town, 2013. http://hdl.handle.net/11427/4597.

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Moyo, Minenhle. "Employment as a public interest consideration in merger regulation." Diss., University of Pretoria, 2017. http://hdl.handle.net/2263/65696.

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Mgwebi, Nondwe. "Labour as a public interest consideration in merger regulation." Diss., University of Pretoria, 2020. http://hdl.handle.net/2263/77417.

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In the South Africa context for merger consideration the issue of labour has always been a pertinent focus and consequential to that the Competition Act, 89 of 1998 as amended (Competition Act) establishes a compulsory merger notification approach. It is therefore necessary to scrutinize the role that labour as a public interest concern has played and is likely to play subsequent to the Competition Act, Public Interest Guidelines and the Competition Amendment Act 18 of 2018 coming into operation. This paper looks at the number of ground-breaking cases which have been umpired with intervention from several government departments and trade unions and places the focus on how labour issues are assessed in mergers. The cases are fundamental to the application of public interest considerations on proposed mergers and also to specifically determine the impact that labour as a public interest consideration has on what the Competition Act intends to achieve as indicated in its preamble and purpose. The content and impact of the Guidelines on the assessment of public interest provisions in merger regulation under the Competition Act will be deliberated with reference to how the competition authorities deal with employment as a public interest consideration. The issue of public interest consideration in mergers is a developing area of our competition law system and this study seeks to demonstrate the importance of labour as public interest consideration in merger regulation and how instrumental labour is to the promotion of competition policies.
Mini Dissertation (LLM)--University of Pretoria, 2020.
Mercantile Law
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Bernasconi, Christophe. "Eu merger law: quo vadis? : the commission's assessment of oligopolistic dominance under the merger control regulation." Thesis, McGill University, 1997. http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=28039.

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This thesis undertakes a critical assessment of a very topical and highly debated question in the development of EU competition law: does the European Merger Control Regulation apply to concentrations that result in collective (or joint respectively oligopolistic) dominance? And, if so, under what conditions?
The study suggests that the Merger Control Regulation does, indeed, cover cases of collective dominance. It recommends, however, that a proposed transaction should only be blocked on grounds of collective dominance if it raises substantive doubts that the transaction will create an anti-competitive market structure (like, for example, the Gencor/Lonrho case). Should the doubts not attain the required level, then a two-stage approach is suggested. The first stage would have to screen the proposed transaction as being reasonably capable of guaranteeing a competitive environment (despite the initial doubts as to the collective dominance issue). The second stage would be opened only if the Commission has legitimate reasons to believe that the firms concerned are effectively involved in either concerted practices (Art. 85 EEC Treaty) or in a collective abuse of a dominant position (Art. 86). Interestingly, the Commission seems to have adopted a similar approach in some of the latest border-line cases. After an extensive analysis of the landmark decision Nestle/Perrier, this thesis finds that the described two-stage approach would also have been appropriate in this case.
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Bernasconi, Christophe. "European Union merger law, quo vadis? The Commission's assessment of oligopolistic dominance under the merger control regulation." Thesis, National Library of Canada = Bibliothèque nationale du Canada, 1997. http://www.collectionscanada.ca/obj/s4/f2/dsk2/ftp03/MQ37322.pdf.

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Hayashi, Shuya. "Theoretical and Practical Challenges Concerning the Merger Regulation in Japan." 名古屋大学大学院法学研究科, 2009. http://hdl.handle.net/2237/13360.

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Kgapane, Collen Evans. "A comparison of merger regulation in South African and COMESA." Diss., University of Pretoria, 2015. http://hdl.handle.net/2263/53134.

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The preamble of the Competition Act No. 89 of 1998 recognises the injustices of the past which resulted in excessive concentrations of ownership and control within the national economy. The Act further provides as its main objective the regulation of trade practices which affect our national economy. Section 12(1)(a) of the Act prohibits any anti-competitive trade practices which are likely to substantially lessen or prevent competition. The Act defines a merger as a process when one or more firms directly or indirectly acquire or establish direct or indirect control over the whole or part of the business of another firm. The Competition Authorities are enjoined to evaluate mergers before they get approved. This is so because once the merger gets approved without being properly assessed the consequences maybe undesirable and anti-competitive. The concept of merger regulation is problematic and in this dissertation I probe into the South African merger regulation regime and compare it with that of Common Market for Eastern and Southern Africa (COMESA). The dissertation will analyse the regulation of mergers in South Africa and COMESA. The dissertation will also look at the shortcomings of merger regulation of COMESA and South Africa. In conclusion it will be argued that even though South Africa is not a member state of COMESA its merger regulation facilities are more fully advanced compared to that of COMESA. Last but not least, an analysis of how proper regulation of mergers can contribute to good economic growth will be undertaken.
Mini Dissertation (LLM)--University of Pretoria, 2015.
Mercantile Law
LLM
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Monareng, Katlego Donavin. "Using Competition law to promote broader public interest issues in merger regulation." Diss., University of Pretoria, 2014. http://hdl.handle.net/2263/45991.

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Tavuyanago, Simbarashe. "Public interest considerations and their impact on merger regulation in South Africa." Diss., University of Pretoria, 2014. http://hdl.handle.net/2263/46006.

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Books on the topic "The merger regulation"

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Jones, Christopher. The EEC merger regulation. London: Sweet & Maxwell, 1992.

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Linklaters & Paines (Firm). 1992: The EEC merger regulation. London: Linklaters & Paines, 1990.

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Nimmo, Justin. The EC merger regulation: A qualified success. Birmingham: University of Birmingham, 1994.

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Rivas, José. The EU merger regulation and the anatomy of the Merger Task Force. London: Kluwer Law International, 1999.

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Campbell, Andrew Neil. Merger law and practice: The regulation of mergers under the Competition Act. Scarborough, Ont: Carswell, 1997.

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Clough, Mark. EC merger regulation: A practical guide to the EC merger and acquisition rules. London: Financial Times Business Information, 1994.

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Merger control in post-communist countries: EC merger regulation in small market economies. Abingdon, Oxon: New York : Routledge, 2011.

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Roberts, J. J. R. United Kingdom mergers policy and conflicts of jurisdiction with European Community merger regulation. Manchester: UMIST, 1998.

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Longstaff, P. H. Competition and cooperation: From biology to business regulation. Cambridge, Mass: Program on Information Resources Policy, Harvard University, Center for Information Policy Research, 1998.

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Roos, Michael Nikolaus. Takeover and merger regulation in the United Kingdom and Germany. Leicester: De Montfort University, 1996.

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Book chapters on the topic "The merger regulation"

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Arai, Koki. "Outline of Merger Regulation." In Law and Economics in Japanese Competition Policy, 129–32. Singapore: Springer Singapore, 2019. http://dx.doi.org/10.1007/978-981-13-8188-1_9.

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Martínez-Echevarría, Alfonso. "The Mutual Influence Between Cross-Border Merger and Common Merger Regimes in Spanish Law." In Studies in European Economic Law and Regulation, 443–75. Cham: Springer International Publishing, 2019. http://dx.doi.org/10.1007/978-3-030-22753-1_22.

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Corradi, Marco, and Julian Nowag. "The Relationship Between Article 4(1)(b) of the Cross-Border Merger Directive and the European Merger Regulation." In Studies in European Economic Law and Regulation, 159–74. Cham: Springer International Publishing, 2019. http://dx.doi.org/10.1007/978-3-030-22753-1_8.

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Verbrugh, M. A. "Implementation of the Cross-Border Merger Directive in the Netherlands." In Studies in European Economic Law and Regulation, 411–24. Cham: Springer International Publishing, 2019. http://dx.doi.org/10.1007/978-3-030-22753-1_20.

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D’Alvia, Daniele. "Mobile Payments and Merger Regulation: A Case Law Analysis." In Bitcoin and Mobile Payments, 251–67. London: Palgrave Macmillan UK, 2016. http://dx.doi.org/10.1057/978-1-137-57512-8_11.

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Girasa, Roy. "Mergers and Acquisitions." In Laws and Regulations in Global Financial Markets, 73–116. New York: Palgrave Macmillan US, 2013. http://dx.doi.org/10.1057/9781137345462_3.

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Peláez, Carlos M., and Carlos A. Peláez. "Investment Banking, Governance, Mergers, and Compensation." In Regulation of Banks and Finance, 117–56. London: Palgrave Macmillan UK, 2009. http://dx.doi.org/10.1057/9780230251250_5.

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Matsos, Georgios. "Tax Mergers Directive: Basic Conceptualisation." In Studies in European Economic Law and Regulation, 193–208. Cham: Springer International Publishing, 2019. http://dx.doi.org/10.1007/978-3-030-22753-1_10.

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François, Bénédicte. "Cross-Border Mergers in France." In Studies in European Economic Law and Regulation, 295–324. Cham: Springer International Publishing, 2019. http://dx.doi.org/10.1007/978-3-030-22753-1_15.

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Kelly, Helen, and Morven Hadden. "Mergers and Joint Ventures in the Pharmaceutical Industry." In Regulation of the Pharmaceutical Industry, 212–33. London: Palgrave Macmillan UK, 2003. http://dx.doi.org/10.1057/9780230372597_11.

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Conference papers on the topic "The merger regulation"

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Zu-hai, Tian, and Wang Jiang-jiao. "Cross-border Merger and Acquisitions, Government Regulations and Market Competition." In 2007 International Conference on Management Science and Engineering. IEEE, 2007. http://dx.doi.org/10.1109/icmse.2007.4422040.

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Yunlan Chen and Nan Li. "International comparative study to government regulation about Cross-border Mergers and Acquisition." In 2010 International Conference on Future Information Technology and Management Engineering (FITME). IEEE, 2010. http://dx.doi.org/10.1109/fitme.2010.5656296.

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Zhu, Jianglin, and Dragan Maksimovic. "48 V-to-1 V Transformerless Stacked Active Bridge Converters with Merged Regulation Stage." In 2020 IEEE 21st Workshop on Control and Modeling for Power Electronics (COMPEL). IEEE, 2020. http://dx.doi.org/10.1109/compel49091.2020.9265671.

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Agrell, Per J., Peter Bogetoft, and Thor Erik Grammeltvedt. "The efficiency of the regulation for horizontal mergers among electricity distribution operators in Norway." In 2015 12th International Conference on the European Energy Market (EEM). IEEE, 2015. http://dx.doi.org/10.1109/eem.2015.7216685.

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Dambrosio, Lorenzo. "Data-Tuned Fuzzy Logic Controller Applied to a Horizontal Axis Wind System." In ASME Turbo Expo 2020: Turbomachinery Technical Conference and Exposition. American Society of Mechanical Engineers, 2020. http://dx.doi.org/10.1115/gt2020-15815.

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Abstract This paper deals with the control problem concerning the output voltage frequency and amplitude regulation of a wind system power plant not connected to the supply grid. The wind system configuration includes a horizontal-axis wind-turbine which drives a synchronous generator. An appropriate modeling approach has been adopted for both the wind-turbine and the synchronous generator. The proposed controller makes use of the fuzzy logic environment in order to take advantage of the wind plant system informations integrated into a limited number of equilibrium condition points (input variable - output variable pairs). The fuzzy logic controller described in the present paper merges the most appropriate fuzzy rules clusters, based on the steady state working conditions. Then, thanks to a Least Square Estimator algorithm, the proposed control algorithm evaluates, for each sample time, the linear relation between control law correction and control tracking error levels. In order to demonstrate robustness of the suggested fuzzy control algorithm, two sets of results have been provided: the first one consider a fuzzy base with equally spaced rules, whereas, in the second set results, the number of fuzzy rules is reduced by a 25%.
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Trevarthen, Adam, and Katina Michael. "Beyond Mere Compliance of RFID Regulations by the Farming Community: A Case Study of the Cochrane Dairy Farm." In International Conference on the Management of Mobile Business (ICMB 2007). IEEE, 2007. http://dx.doi.org/10.1109/icmb.2007.21.

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Gunzenhauser, Martin, Gregor E. J. Gander, and Luca Bongulielmi. "Variant Indication Analysis: An Integrated Component of a Variable Process Model for Global Platforms." In ASME 2007 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference. ASMEDC, 2007. http://dx.doi.org/10.1115/detc2007-35212.

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Globalization pressures lead companies of the capital-intensive goods industry to follow the example of the automotive industry and develop global platform-based products. One of the most difficult task is to cover all kinds of local standards, laws, and regulations within the platform. Supplementary strong variations in the purchasing power of customers, education of work forces, and availability of technology or mere fashions in local markets have an impact on regional business processes. Thus, undesirable and unplanned redesigns become necessary during the localization of a global product family into its regional markets. Hence, this paper discusses a platform process, which incorporates life cycle and value chain thinking into the product structuring process. This process is supported by a Component Box platform model offering robustness for component re-use and flexibility for local differentiation. Moreover it facilitates the collaborative product development by an enhanced transparency throughout the entire process.
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Fleisch, Ruth, Robert Schöch, and Christian Hillbrand. "A Batch Tracing System for Thermochemical Finishing Processes Enables New Services for Quality Management." In ASME 2012 11th Biennial Conference on Engineering Systems Design and Analysis. American Society of Mechanical Engineers, 2012. http://dx.doi.org/10.1115/esda2012-82299.

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Manufacturing processes in the area of thermochemical treatment of work pieces impose lots of challenges due to the rough environment. High temperatures and the use of chemicals are aggravating conditions of salt bath nitrocarburizing processes, which are used to improve the wear resistance, the fatigue strength, and the corrosion resistance of components made from steel, cast iron, and sintered iron materials. The process is composed of preheating, nitrocarburizing, oxidizing, and multilevel cleaning. These stages are passed through consecutively, for what customer orders are combined in batches. It is an example of a discontinuous production which is characterized by a material flow which is interrupted in time. In this context a batch is an amount of pieces which form a whole and are processed together and therefore exhibit identical attributes with regard to the manufacturing process and the product quality. At present, the implementation of batch tracing mechanisms is difficult or impossible due to the harsh environment (hazardous chemicals, high temperatures …). As a consequence, wrong assignments of the finished pieces to the customers may occur while a possibility of documentation of the parameters concerning the manufacturing process is desirable. Several of the following reasons for the enhanced deployment of batch tracing thus apply: request of customers for security and information about the origin of the products (customer pull), new laws and regulations (regulatory push), availability of innovative communication and information technology (technology push), and increase in efficiency and advance of process reliability (industry pull). In this paper, we discuss batch tracing by means of intelligent RFID technology (radio frequency identification), which involves connections to sensors for measurements of ambient parameters. Information obtained by the RFID system such as the beginning and the length of stay of the batches in the different stages is merged with the temperatures delivered by the plant equipment. Thus identifying and determination of the position of the batches is achievable throughout the entire procedure. This allows the company to offer new supplementary services to the customers and to design the process in a more flexible way like prioritizing time-critical orders. In order to prove the technical feasibility of batch tracing in the field of thermochemical treatment two test cases are described: The first one is for gathering information about the functioning of the installed RFID system, the other one is the realization of the operational process in a simplified form.
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Khan, Zurwa, Amine Meziou, Reza Tafreshi, Matthew Franchek, and Karolos Grigoriadis. "Automated Subsea Architecture Optimization Using Low-Dimensional Multiphase Flow Models." In ASME 2019 38th International Conference on Ocean, Offshore and Arctic Engineering. American Society of Mechanical Engineers, 2019. http://dx.doi.org/10.1115/omae2019-96293.

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Abstract Due to the global increase in energy demand, the need for economic oil and gas production is rising more than ever. Therefore, it is necessary to ensure that subsea architecture designs are economical and safety oriented. While numerous challenges are encountered during subsea system’s installation and operation phases, most of these challenges can be avoided by ensuring an economical and reliable design. For a safe and cost-effective design and operating scenario, it is essential to predict the hydraulic and thermal behavior of multiphase fluid encountered in petroleum pipelines for a range of conditions. This cannot be accomplished by empirical models, which are dependent on limited data available. Consequently, mechanistic low-dimensional models have been used for two-phase gas-liquid steady-state flow. However, mechanistic low-dimensional models assume adiabatic conditions, which is rarely the case in subsea architectures, which encounter cold surroundings. Therefore, to predict the temperature-based characteristics of multiphase flow in environments with thermal gradients, a thermal model has been developed and validated with experimental data. 80% of the validation data was predicted by this developed thermal model with error difference of less than 30%. The developed two-phase gasliquid thermal model was merged with Beggs and Brill hydraulic multiphase flow model to predict the overall behavior of two-phase gas-liquid flow, and used to develop an optimal model-based multi-well subsea architecture design. A case study of a four-well subsea system was used to demonstrate the automated subsea architecture optimization technique. Through this case study, it was shown that approximately 23% of savings in pipelines procurement could be made relative to the conventional designing approach. Industry standards, safety factors, and multiphase flow models were used to design jumpers and place the manifold for a subsea multi-well system. Merging hydraulic and thermal multiphase flow models showed the effect of temperature on the flow, which led to an optimized design for the subsea insulation in which issues such as wax deposition can be prevented. The resulting optimized subsea architecture was then implemented in Simscape® environment to obtain the transient response. Along with optimized subsea architecture automated design, the developed thermal model has the potential to be used for real-time prediction of two-phase flow rate, pressure drop and void fraction as virtual sensors to provide economical alternative to expensive and impractical hardware sensors. Furthermore, the developed model can also be used to design effective control strategies for multiphase flow regulation in jumpers and prevention of backflow at the manifold.
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10

Petrović, Dragana. "TRANSPLANTACIJA ORGANA." In XVII majsko savetovanje. Pravni fakultet Univerziteta u Kragujevcu, 2021. http://dx.doi.org/10.46793/uvp21.587p.

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Even the mere mention of "transplantation of human body parts" is reason enough to deal with this topic for who knows how many times. Quite simply, we need to discuss the topics discussed from time to time !? Let's get down to explaining some of the "hot" life issues that arise in connection with them. To, perhaps, determine ourselves in a different way according to the existing solutions ... to understand what a strong dynamic has gripped the world we live in, colored our attitudes with a different color, influenced our thoughts about life, its values, altruism, selflessness, charities. the desire to give up something special without thinking that we will get something in return. Transplantation of human organs and tissues for therapeutic purposes has been practiced since the middle of the last century. She started (of course, in a very primitive way) even in ancient India (even today one method of transplantation is called the "Indian method"), over the 16th century (1551). when the first free transplantation of a part of the nose was performed in Italy, in order to develop it into an irreplaceable medical procedure in order to save and prolong human life. Thousands of pages of professional literature, notes, polemical discussions, atypical medical articles, notes on the margins of read journals or books from philosophy, sociology, criminal literature ... about events of this kind, the representatives of the church also took their position. Understanding our view on this complex and very complicated issue requires that more attention be paid to certain solutions on the international scene, especially where there are certain permeations (some agreement but also differences). It's always good to hear a second opinion, because it puts you to think. That is why, in the considerations that follow, we have tried (somewhat more broadly) to answer some of the many and varied questions in which these touch, but often diverge, both from the point of view of the right regulations and from the point of view of medical and judicial practice. times from the perspective of some EU member states (Germany, Poland, presenting the position of the Catholic Church) on the one hand, and in the perspective of other moral, spiritual, cultural and other values - India and Iraq, on the other.
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Reports on the topic "The merger regulation"

1

Alviarez, Vanessa, Keith Head, and Thierry Mayer. Global Giants and Local Stars: How Changes in Brand Ownership Affect Competition. Inter-American Development Bank, June 2021. http://dx.doi.org/10.18235/0003333.

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We assess the consequences for consumers in 76 countries of multinational acquisitions in beer and spirits. Outcomes depend on how changes in ownership affect markups versus efficiency. We find that owner fixed effects contribute very little to the performance of brands. On average, foreign ownership tends to raise costs and lower appeal. Using the estimated model, we simulate the consequences of counter-factual national merger regulation. The US beer price index would have been 4-7% higher without divestitures. Up to 30% savings could have been obtained in Latin America by emulating the pro-competition policies of the US and EU.
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