Quick Question, + Canadian Smartphone
Mar. 21st, 2005 03:40 pmIf two companies based in the US but operating worldwide want to merge, does the merge have to be approved by regulatory boards all over the world, or just in the US?
Drools over shiny geek toy
Drools over shiny geek toy
no subject
Date: 2005-03-21 08:46 pm (UTC)That's a sweet feeckin phone. Feeckin sweet.
They do in the EU
Date: 2005-03-22 04:10 pm (UTC)Anything smaller than the EU will typically get laughed at by the companies; if Boeing and Airbus wanted to merge, and Brazil said no, they'd say "ok, no airplanes for you", and watch Brazil suddenly realize that the merger was just peachy... For most megacorps, the US + EU + Japan is 90% of their business, so arbitrary penalties in any country that doesn't automatically follow the lead of the US/EU/Japan are pretty much irrelevant if they seriously think they're getting a noticeable synergy in the big markets.