Common Ownership

Common Ownership: One of the biggest threats to competition of our time? The general trend toward diversification in the investment industry has given rise to overlapping minority shareholdings of institutional investors across competing firms in several markets ('Common Ownership'). The author explains why this poses a problem for competition, demonstrates that neither investment law nor antitrust law, in their current state, provides adequate tools for addressing the issue of Common Ownership, and develops a solution de lege ferenda that calls for the creation of an EU New Competition Tool.