大企业集团内部交易的排他性效应

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2020-03-26 DOI:10.1080/1226508X.2020.1745085

Yangsoo Jin

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引用次数: 3

摘要

韩国的反垄断法对大型企业集团的所有者及其家族或“特殊利害关系人(PSI)”的内部交易进行监管。然而，它的监管基础并不完善。本文从竞争政策的角度分析了内部交易，特别是排他性效应。企业集团上下游子公司之间的内部交易缩小了上游市场的规模，从而挤压了潜在进入者的盈利能力。因此，它可能会排除那些在没有交易的情况下进入市场并为消费者做出贡献的进入者。此外，这有可能导致PSI的信义义务的违反。我们通过分析PSI的最佳行为提供了一些政策含义。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Exclusionary Effects of Internal Transactions of Large Business Groups

ABSTRACT Antitrust law in Korea regulates internal transactions by the owner and his family, or ‘Person with Special Interest (PSI)’ of a large business group. Its regulatory grounds, however, are not well-established. This paper analyses internal transactions from the perspective of competition policy, particularly, exclusionary effects. Internal transactions between the upstream- and downstream-affiliates of a business group shrink the size of the upstream market and hence squeeze the profitability of potential entrants. Thus, it may exclude the entrants which, absent the transactions, would enter the market and contribute to consumers. In addition, it may lead to a breach of the fiduciary duty of PSI. We provide some policy implications by analysing the optimal behaviour of PSI.

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.