A Dynamic Framework for the Assessment of Horizontal Mergers, prepared by BRG and commissioned by the GSMA with support from Connect Europe, proposes a conceptual framework to support the European Commission’s review of its Horizontal and Non-Horizontal Merger Guidelines.
It comes as the European Commission recognised in last year’s Competitiveness Compass that the existing policy framework needs to evolve to reflect modern dynamics and to allow companies to scale up in global markets, while maintaining a level playing field in the Single Market. The 2024 Draghi report also recommended that innovation, resilience and investment intensity should be given greater weight in merger policy.