SEA: Practical Application of Science (Jul 2016)

CORPORATE RESTRUCTURING AND THE UNLAWFUL COMPETITION

  • Mădălina E. ROTARU,
  • Lilia ȘARGU

Journal volume & issue
Vol. IV, no. 11 (2/2016)
pp. 283 – 287

Abstract

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In the field of economy, transactions represent one of the fastest means available for improving any company’s commercial and strategic position in the market. The context of technological developments in recent years and the trend of globalization have largely influenced work in the fields of goods and services. Currently, geographical factors are no longer an obstacle and companies can expand their production without being influenced by state frontiers. International mergers and acquisitions are, most often, joined by a true "cultural shock"] [ Bogdan Anastasia "Fenomene culturale in achizitiile si fuziunile internationale (Cultural Phenomena in International Acquisitions and Mergers)"- Intercultural Management - Volume II, Issue 3/2000, ISSN 1454-9980] and must comply with regulations on competition both nationally and internationally. Since the penalties imposed by authorities in charge of competition regulations are substantial, both internationally and nationally, this means that, when making mergers, one should be very cautious.

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