Print

Print


Dear Member of the WIN,

It is my pleasure to share with you UNCTAD's latest Investment Policy Monitor on "
Regulatory review of cross-border M&As - Safeguarding public interests or resorting to protectionism?" It presents recent developments concerning the review of cross-border M&As. UNCTAD analyzed over 200 of the largest cross-border M&As (those with a transaction value of $500 million or more) that were withdrawn between 2008 and 2012. In most cases M&A plans were aborted for business reasons, but a significant share was also withdrawn because of regulatory concerns, such as competition issues, economic benefit tests and national security screening, or political opposition.

The close review of cross-border M&As is part of a broader development towards reinforcing the regulatory framework for foreign investment and making more use of industrial policies in strategic sectors. While governments have the right to regulate foreign investment in the public interest, there is growing concern that some of these measures could hide protectionist aims. Efforts should be undertaken at the international level to clarify the meaning of investment protectionism.


***


UNCTAD's 2013 World Investment Report (WIR), will be launched globally on 26th June. The report will present recent trends in global and regional investment flows and policies. The theme of the report is "global value chains: investment and trade for development".

With kind regards,


James Zhan
Director
Investment & Enterprise Division
United Nations Conference on Trade & Development
Palais des Nations, Geneva
Tel: +41 22 9175797
www.unctad.org/diae
www.unctad.org/wir (World Investment Reports) ____
AIB-L is brought to you by the Academy of International Business.
For information: http://aib.msu.edu/community/aib-l.asp
To post message: [log in to unmask]
For assistance: [log in to unmask]
AIB-L is a moderated list.