Aktionärsstruktur und Wettbewerb

Do large asset managers like BlackRock threaten competition? The author shows that a competitive theory of harm lacks plausibility when the legal and factual framework conditions are taken into account. In the theoretical review; neither sufficient possibilities of exerting influence nor a uniform i...

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מחבר ראשי: Weller, Jonas
פורמט: Online
שפה:גרמנית
יצא לאור: Nomos Verlagsgesellschaft mbH & Co. KG 2025
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גישה מקוונת:ONIX_20250718T111850_9783748952947_29
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author Weller, Jonas
author_browse Weller, Jonas
author_facet Weller, Jonas
author_sort Weller, Jonas
collection Directory of Open Access Books
description Do large asset managers like BlackRock threaten competition? The author shows that a competitive theory of harm lacks plausibility when the legal and factual framework conditions are taken into account. In the theoretical review; neither sufficient possibilities of exerting influence nor a uniform industry-wide interest of asset managers can be substantiated. The empirical-quantitative evaluation using the example of BlackRock's ETF portfolios confirms the theoretical preliminary considerations regarding the lack of a uniform industry-wide interest due to conflicts of interest between funds. Stricter antitrust law or regulation to limit common ownership is therefore not advisable.
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publisher Nomos Verlagsgesellschaft mbH & Co. KG
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spelling doab-20.500.12854ir-1629732025-07-18T09:23:08Z Aktionärsstruktur und Wettbewerb Weller, Jonas competition asset management Antitrust institutional investors Do large asset managers like BlackRock threaten competition? The author shows that a competitive theory of harm lacks plausibility when the legal and factual framework conditions are taken into account. In the theoretical review; neither sufficient possibilities of exerting influence nor a uniform industry-wide interest of asset managers can be substantiated. The empirical-quantitative evaluation using the example of BlackRock's ETF portfolios confirms the theoretical preliminary considerations regarding the lack of a uniform industry-wide interest due to conflicts of interest between funds. Stricter antitrust law or regulation to limit common ownership is therefore not advisable. 2025-07-18T09:23:06Z 2025-07-18T09:23:06Z 2025 book ONIX_20250718T111850_9783748952947_29 9783748952947 9783756024193 https://directory.doabooks.org/handle/20.500.12854/162973 ger Europäisches Wirtschaftsrecht image/png Attribution 4.0 International https://www.nomos-shop.de/de/p/aktionaersstruktur-und-wettbewerb-gr-978-3-7560-2419-3 https://doi.org/10.5771/9783748952947 Nomos Verlagsgesellschaft mbH & Co. KG 10.5771/9783748952947 Do large asset managers like BlackRock threaten competition? The author shows that a competitive theory of harm lacks plausibility when the legal and factual framework conditions are taken into account. In the theoretical review; neither sufficient possibilities of exerting influence nor a uniform industry-wide interest of asset managers can be substantiated. The empirical-quantitative evaluation using the example of BlackRock's ETF portfolios confirms the theoretical preliminary considerations regarding the lack of a uniform industry-wide interest due to conflicts of interest between funds. Stricter antitrust law or regulation to limit common ownership is therefore not advisable. 10.5771/9783748952947 20c8b06d-3b2b-4af2-acda-fbcfdfea5744 ac885813-7c64-474c-8b30-55138fb0e3dd 7d48738a-6759-43c9-974a-c93e736baeb1 9783748952947 9783756024193 Max Planck Society (MPG) 335 Baden-Baden [...] Max-Planck-Gesellschaft Max Planck Society 10.13039/501100004189 Max Planck Society (MPG) MPG 04a0tr310 open access
spellingShingle competition
asset management
Antitrust
institutional investors
Weller, Jonas
Aktionärsstruktur und Wettbewerb
title Aktionärsstruktur und Wettbewerb
title_full Aktionärsstruktur und Wettbewerb
title_fullStr Aktionärsstruktur und Wettbewerb
title_full_unstemmed Aktionärsstruktur und Wettbewerb
title_short Aktionärsstruktur und Wettbewerb
title_sort aktionarsstruktur und wettbewerb
topic competition
asset management
Antitrust
institutional investors
topic_facet competition
asset management
Antitrust
institutional investors
url ONIX_20250718T111850_9783748952947_29
work_keys_str_mv AT wellerjonas aktionarsstrukturundwettbewerb