企业并购论文企业并购反垄断审查实体标准研究.docVIP

企业并购论文：企业并购反垄断审查实体标准研究 【中文摘要】20世纪90年代中期以来,全球经济经历了有史以来最大的并购浪潮,各国经济的发展都受到了深远的影响。如何最大限度地发挥企业并购带来的积极效应,同时又限制企业并购给市场竞争和经济发展带来的不利后果成为了各国面临的重要课题。美国和欧盟作为世界上并购活动最为活跃的地区,都已经建立起了完善的企业并购反垄断审查制度体系,实体审查标准无疑则是这一体系的核心内容。而我国的企业并购反垄断审查标准则相对还不够成熟,因此,研究企业并购的反垄断审查实体标准具有重要的理论和实践意义。本文将采用比较分析等研究方法,对国外典型的企业并购反垄断审查实体标准及其主要因素进行论述,并结合我国当前的企业并购法律规制现状,提出完善我国实体标准的设想。本文除了引言和结语外,由三个部分构成,其主要内容如下：第一部分为企业并购反垄断审查概述。首先从企业并购的双面效应和对其进行审查的意义两方面来阐明对企业并购进行反垄断审查的必要性,然后对反垄断审查的实体标准概况进行介绍和比较,得出各国实体标准开始趋同的结论,为进一步展开对实体标准的详细研究做好铺垫。第二部分,笔者详细分析了欧盟、美国等典型国家和地区的企业并购反垄断审查实体标准的重要组成因素,对相关市场、市场份额、市场集中度、抗辩情形等进行深入的研究,肯定了SSNIP、HHI测量等经济学分析方法,探讨其立法和实践中值得我国借鉴的地方。第三部分是本文的重点部分,笔者对我国的企业并购反垄断审查实体标准进行了详尽探讨。首先对我国企业反垄断审查的法律体系进行评析,指出我国确立的企业并购实体标准,然后对我国企业并购反垄断审查实体标准中主要因素的优缺点进行剖析,立足于我国经济形势,对我国实体标准的进一步完善提出自己的浅见。 【英文摘要】World economy has seen the biggest merger and acquisition (M A) wave in the history since the mid of 1990抯, The M A wave also influenced the countries?economic development deeply over the whole world. In this process, how to improve anti-monopoly policy to develop the utmost positive effectiveness of M A and diminish its unfavorable effects to market competition and economic development at the same time has become a very important topic facing the governments. As the most active areas of M A, The European Union and the United States have developed comprehensive systems concerning the anti-monopoly regulations for the M A, and the substantive standard undoubtedly has been the concentration of the regulations. Therefore, studying substantive standard of anti-monopoly review on M A is not only a hot problem in the reality, but also an important theoretical topic.This thesis will elaborate some typical substantive standards of Anti-monopoly reviews and their essential factors by using comparative analysis and other methods, and propose author抯 own tentative idea to improve our nation抯 substantive standard starting from our current condition of legal supervision on M A.Besides introduction and conclusion, this thesis is