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韩国企业并购法之演化(The evolution of mergers and acquisitions in South Korea)
韩国企业并购法之演化(The evolution of mergers and acquisitions in South Korea)
Nobel laureate George Stiegler in the lead to monopoly and oligopoly mergers road -- said: an enterprise by way of mergers and its competitors become giant enterprises is a prominent phenomenon in modern economic history. As a mechanism of survival of the fittest under the market economy, [1] merger and acquisition (M A) plays an active role in regulating production, optimizing the allocation of resources, enhancing the strength and competitiveness of the company, and promoting the development of economy and technology. But at the same time, mergers and acquisitions may also accelerate the concentration of the economy, thereby forming monopolies, damaging public interests, economic democracy, and even affecting social stability. In order to prevent the possible negative influence of merger and acquisition, and to reduce the nonstandard phenomenon of merger and acquisition, all countries have to adjust it through a series of legislation, and our country is no exception. On the merger and acquisition of laws and regulations in recent years gradually released, the basic legal framework in place, but there are still some defects of criticism, for scholars and practitioners therefore, learn from the successful experience of other countries, it is extremely necessary for us.
When it comes to drawing lessons from, some of our scholars will say that Europe and the United States, of course, the United States and Europe corporate law is not necessarily all right, but it has more practical basis. [2], while studying the legal system of European and American companies, it is also helpful to broaden our vision and reference to other countries laws for our own use. It has obvious characteristics of Korean merger control in the enterprises, taking into account its cultural origin, the trajectory of economic growth and Chinese similarity, the significance of the legal system of our country is big, worthy of study
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