The second is that agonistic democracy suffers from an institutional deficit. Request pdf law and agonistic politics the ancient greek notion of agonism, meaning struggle, has been revived in radical legal and political theory to. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. Apr 28, 2017 the case for political antitrust teachout, author of corruption in america. A postmerger integration strategy that works aba law. The ancient greek notion of agonism, meaning struggle, has. Edurne navarro, andres font, jaime folguera, and juan briones. Applying principles of agonistic politics to institutional design ecpr. Similarly, thomas fossen claims agonism needs to engage questions of law and. Morton schoolman state university of new york, albany. Applying principles of agonistic politics to institutional design manon westphal draft 1 introduction agonism has become known as a distinct current in democratic theory above all because of its thorough critique of political liberalism and deliberative democracy. Two of these studies were qualitative, and one applied both methods. Schmitt serves as the background for the political theorist chantal mouffe, whose agonistic pluralism represents a conscious effort to moderate schmitts.
Mar 22, 2018 the government doesnt want you to pay too much to watch your shows. Although much of contemporary democratic theory is certainly occupied in some sense with discussing this relationship agonists included, law and agonistic politics presses theorists to examine this relationship in light of agonistic insights about the doubleness of democratic politics about law s exclusiveness and inclusiveness. The first book length study of agonism as a mature account of democratic politics, institutionalizing agonistic democracy provides a lucid overview of agonistic democratic theories and demonstrates the viability of this approach for institutional politics. Applying principles of agonistic politics to institutional design. Whereas deliberative democracy establishes the legitimacy of democratic procedures by appeal to the metapolitical ideal of consensus, agonistic approaches. The book features a metaanalysis of retrospective studies of consummated mergers, joint ventures, and other horizontal arrangements.
A successful merger depends on people adjusting to the merger and figuring out how to navigate their differences to work together effectively and efficiently. Agonisms move from a marginal to central place in contemporary political theory has a double edge. Competition and politics atr department of justice. Thus defined, politics and law represent two modesboth antagonistic. Dec 22, 2016 john kwokas recently published mergers, merger control, and remedies 2015 has received considerable attention from both antitrust practitioners and academics. Situating agonistic democracy within and against debates about radical democracy. Crossborder mergers and acquisitions amid political uncertainty. As a result, the plaintiff can only enforce the judgment awarded and cannot bring any of the claims again because.
Agonism in divided societies minerva access university of. Insightful and material due diligence prior to consummating the deal greatly increases the likelihood that the acquirer will achieve the expected strategic goals and synergies. Jun 25, 2015 merger enforcement at the antitrust division. In the course of his discussion we come to deeply appreciate the value of agonism and the creative work of contemporary political theorists who have thought most deeply about agonistic politics, among whom wenman must now be included. However, the importance of law and agonistic politics lies less in its avowal of a particular form of agonism, and more in its staging of a lively debate over the relationship between law and the agon that contemporary democratic theorists would do well to continue. Modern agonistic politics1 is a late modern political movement of thought which. Both the acquiring and target company are dissolved in the process. This term is used when the process occurs within a sovereign entity.
Jul 28, 2017 sprint, the nations fourthlargest wireless network, is pursuing a merger with the cable company charter communications, according to a report by the wall street journal. These juridical readings rightly focus attention on what arendt calls the primary challenge of the case judging eichmanns. The swift approval of the amazonwhole foods merger has once again raised concerns regarding the effectiveness and transparency of u. Politics have apparently intruded on a transaction that until recently. Suppose also that after the merger, the marginal cost of production falls to c0 and the price rises to p0. Contemporary readers of eichmann in jerusalem often cast it as a juridical text, concerned with justice rather than politics.
Merger retrospectives are advanced as a methodology that can test the appropriateness of a particular merger control regime. If there are di seconomi es frm merger and if the avai labl e monopoly ga ins are not lare, the preferred cho ice may very wel l be cartel ization, ma king it at least concei va bl e that the introducti on of. From benjamin franklins snuff box to citizens united harvard university press, 2014, advocated for a repoliticized version of antitrust that engages traditional antimonopoly values. Contributions to a discourse theory of law and democracy. The purpose of this merger is to create a new legal entity with the capital and assets of the merged acquirer and target company. In civil procedure, the principle that a final judgment for the plaintiff brings together all claims involved in the lawsuit. A consolidated merger is a merger in which an entirely new legal company is formed through combining the acquiring and target company. This chapter discusses antitrust policy toward horizontal mergers, the area of antitrust that has seen some of the most dramatic improvements in both economic tools and the application of economics in enforcement practice. Negotiating matters supporting agonistic pluralism in. Introduction to mergers and acquisitions 5 a horizontal merger horizontal mergers occur when two companies sell similar products to the same markets. Similarly, willoughby who published his influential manual principles of public. The chapter discusses theoretical considerations, merger laws and enforcement practices, econometric methods for.
The role of leadership in mergers and acquisitions. The goal of a horizontal merger is to create a new, larger. We find that acquirers and targets located in the political districts of powerful u. Mergers appear in three forms, based on the competitive relationships between the merging parties. The merger and any amendment of the articles of the surviving corporation, if applicable, contained in the agreement of merger shall be effective upon filing of the agreement of merger with an officers certificate of each constituent domestic and foreign corporation and a certificate of merger for each constituent other business entity. Law and agonistic politics request pdf researchgate. The aim of this current was o elaborate a descriptive approach tot. Using a sample of completed crossborder mergers and. A merger, consolidation or amalgamation, in a political or administrative sense, is the combination of two or more political or administrative entities, such as municipalities in other words cities, towns, etc. After hearing a reference to american movies in our discussion this morning, i could not get out of my mind an image from an old american television commercial for a famous candy called the reeses peanut butter cup.
All of the thinkers examined in this book see themselves broadly on the left, and so one of the themes explored here is whether and in what ways agonistic democracy can address the politics of diversity as well as struggles for economic equality. We use cookies to offer you a better experience, personalize content, tailor advertising, provide social media features, and better understand the use of our services. Suppose that the industry is initially competitive, with a price equal to c. Although unconventional in presentist rightleft terms, antitrusts ideological ambiguity has longstanding historical roots.
For the first time in a generation, political pressure is growing to reform antitrust in a considerably more interventionist direction. We propose an antagonistic dialogic framework, presented in fig. Political uncertainty and crossborder mergers and acquisitions. A merger can improve communication and coordination between firms at different levels of production. Andrew schaap, forthcoming ashgate 2009 andrew schaap the concept of the agon, meaning struggle, comes to angloamerican political theory from the ancient greeks via nineteenthcentury germany. Merger control in the eu law, economics and practice. The key argument of this thesis is that an agonistic vision has a strong potential.
To the bafflement of many observers, these political pressures are emerging simultaneously from both wings of the political spectrum. I h s chantal mouffe deliberative democracy or agonistic pluralism 1. The chapters discuss diverse elements of the concept, from analysis of agonistic events or acts, issues of plurality, freedom and democracy, and also the limitations to. A merger also can internalize the spillover benefits that investment by one of the firms has on the profitability of the other. Our topic this morning is competition and politics. A critique of agonistic politics international journal of zizek studies. Chantal mouffe about agonistic politics and artistic practices. Law provides the immediate framework within which public administration operates. Should we, in general, consider that one of the key purposes of antitrust. Is there a case to be made for political antitrust.
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