Power Of The Competition Regulators To "Unscramble The Eggs"

Merger control, in simple words, is the process pursuant to which a specified transaction is required to be notified to one or more competition authorities, for approval. From a competition law perspective, a merger transaction, if unregulated, can have a devastating effect on the equilibrium of competition, especially in today's modern business environment where, invariably a transaction impacts multiple jurisdictions. The rationale for entering into a merger transaction can be so multifaceted that it may be virtually impossible to list out all the possible justifications. Invariably the same may include increase in efficiencies, economies of scale, increase in the range of products, reduction in costs, growth opportunities for the combined entity, increase in revenues, etc.