Chapter 2 Anticompetitive effects
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This chapter first deals with the cases where the possible anti-competitive consequences brought about by the merger do not entail any coordination between the rival undertakings as regards price or the other parameters of competition, i.e. so-called non-coordinated effects. Within this category, it is useful to distinguish between horizontal, vertical and conglomerate effects. The first type of effects is covered by the Horizontal Merger Guidelines, and the latter two types of effects by the Non-Horizontal Merger Guidelines. The issue of co-ordinated effects will then be addressed, including the assessment of the coordination among participants in a joint venture.

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