Abstract
In recent years, large buyers that had previously been in fragmented industries have increased their purchasing power through mergers and acquisitions. This change has placed more importance on the topic of limiting bargaining power and preserving free competition in the market. As a result, the European Union has become increasingly involved assessing the approval of mergers and acquisitions within their jurisdiction. In order to promote free competition, several laws have been established. In respect to mergers and acquisitions, European Union created the European Commission and gave it the responsibility to enforce these rules on a case-by-case basis by closely working with European national governments. As a means to understand EU competition policies, the following paper will seek to comprehend the reasoning and implementation of EU regulations by specifically examining the case study of the merger between Carrefour and Promodes.
