Business distancing: Risk of “contagion” in alliances and mergers

• Autores: Poirier-Garneau, Vincent, Zumaeta Castro, Fiorella
• Formato: artículo
• Fecha de Publicación: 2020
• Institución: Pontificia Universidad Católica del Perú
• Repositorio: Revistas - Pontificia Universidad Católica del Perú
• Lenguaje: español
• OAI Identifier: oai:ojs.pkp.sfu.ca:article/24181
• Enlace del recurso: http://revistas.pucp.edu.pe/index.php/themis/article/view/24181
• Nivel de acceso: acceso abierto
• Materia: Inorganic growth; collaboration agreements; merger and acquisitions; merger control; crisis; Crecimiento inorgánico; acuerdos de colaboración; fusiones y adquisiciones; control de concentraciones

Cooperation agreements and mergers and acquisitions are frequent operations that enable the achievement of efficiencies. However, the resulting increase in market concentration could lead to a reduction (or elimination) of competitive pressures, among other aspects. For this reason, it is necessary for the competition authorities to carry out a thorough evaluation, but at the same time, within the parameters of reasonableness, before approving a transaction of this caliber, both in normal times and in times of crisis.In this article, the authors analyze various alternatives of inorganic growth through national, regional and comparative experience, in order to present the importance of a careful operation structuring along with the implementation of competition best practices, conditions that must be maintained in both normal times and in critical times such as the one that is experienced by the COVID-19.