科学研究費補助金 研究種目:基盤研究(C)(2) 課題番号:11660282 研究代表者:喜多 一美 研究期間:1999-2000年度

伴隨著世界歷史步入二十一世紀，以企業為核心的市場體系處於一個大的結構性調整。企業能否順利調整到為整個世界的經濟發展服務，成為了全球各大公司所關注的首要問題。在此轉捩點，各個勵精圖治的企業家無一例外的選擇了擴大經營規模，世界500大的公司都是靠收購和合併發展起來，國際企業經常以併購的方式進行企業水平、垂直整合，以利於從事專業經營，提升經營效率，為因應企業全球化趨勢，有關企業併購法制之完備及明確，勢所必需。 企業收購合併為一法律上饒富興味之課題，這不只因為合併具有多種的形態，更因為合併涉及企業間複雜的權利義務關係，使得多種面向的法律領域都與之產生牽連。 本論文之結構安排如下：第一章為緒論，介紹本篇論文之研究動機、背景、以及研究方法與範圍。第二章為法律經濟分析概述，介紹法律經濟分析的內涵、背景、發展以及與傳統法學研究上之差異，並說明為何選取以法律經濟分析之方式作為研究主軸。第三章法律經濟分析的經濟理論基礎，主要對法律經濟分析中經常運用到個體經濟學的最大化、效益、供需理論及賽局理論進行分析與闡述。第四章為企業併購概述。第五章台灣企業併購現況。第六章為企業併購法制之經濟分析檢視各種現行法之可行性，並建議以經濟觀點構築之法制作為解決方案。第七章為結論與建議。 本文的主要目的以一種法律經濟分析的不同視角，從企業併購的經濟學基礎、法律制度的供需狀況、效率等方面論證對企業併購法制進行法律規範的必要性和合理性，有系統地檢視企業併購於現行法中所扮演之功能分析是否符合經濟學中效率的觀念，並且分析於現行企業併購法制發生違反效率的情況。 / During the last quarter of the twentieth century, the humanities and social sciences have turned toward history, something that culminated in the 1990s, and this phenomenon was evident in law as well. However, until recently, law and economics, the most influential post-World War II jurisprudential movement, was a-historical in its methodology and research agenda. The objective of this article is to call attention to economic analysis of merger and acquisition law, its methodological causes, and the nature of its interaction with other sub-fields of law and of economics. Mergers and acquisitions are undoubtedly among the most significant macro-economic phenomena of the industrialized West during the last twenty years. The size of acquisitions is constantly rising, with no sign of this phenomenon being part of a passing trend. Taking into consideration the diverse and complex aspects of acquisitions, the Article attempts to develop a comprehensive theoretical model that defines acquisition law's central policy goals and suggests criteria to be followed in order to ensure the achievement of these goals.

反壟斷法(我國為公平交易法)上的效率抗辯，是指經營者通過證明結合的效率效果足以抵消或超過反競爭效果而取得反壟斷法豁免。“減損競爭”和“促進效率”這兩大因素的權衡是企業結合反壟斷控制的核心內容。 第一章為引言部分，提出本文的研究動機，並對研究方法、研究限制及論文大綱進行簡要介紹。在第二章介紹效率抗辯定義，及反壟斷法視野下普遍被接受的主要效率類型。第三章對效率抗辯制度在歐美國家的發展作了回顧。第四章則是利用經濟分析方法，計算反競爭效果，再比較分析實質性減少競爭標準和嚴重妨礙有效競爭標準之差異。第五章分三部份，第5.1章提及普遍被採納的效率抗辯模式，主要係一體分析模式、抵消分析模式和混合分析模式三種。並建議基於我國國情和《公平交易法》的相關規定，我國宜採用混合分析模式。第5. 2章就效率抗辯制度的適用標準而言，主要有價格標準、消費者剩餘標準、總剩餘標準和權重平衡標準。第5. 3章建議確立效率抗辯制度的證明標準、證明方法。尤其，就效率抗辯制度的適用條件而言，主要有效率為集中所特有、效率的及時性、效率的可證實性、在壟斷或接近壟斷的集中案件不應適用等要件。第六章建議我國明確建立安全港標準，凡屬於安全港範圍的結合不再作進一步審查。第七章綜合上述的結論，試著對我國效率抗辯制度建立提供建議 。 關鍵字：效率抗辯、事業結合、實質性減少競爭標準、嚴重妨礙有效競爭標準、抵消分析、一體分析、混合分析、價格標準、消費者福利標準、總剩餘標準、權重平衡標準 / The efficiency plea on the antitrust law refers that the intensified efficiency effect proved by the operator is sufficient to set off or stronger than the anti-competition effect so as to be exempted by the antitrust law. Competition impairment and efficiency promotion are two factors need to be traded off during the anti-monopoly control on concentration for business operators. Chapter One presents the motive , approach, framework, scope and limitations of the paper. Chapter Two introduces the definition of efficiency and the main types of efficiency which includes production efficiency, allocative efficiency, dynamic efficiency and other efficiencies. Chapter Three provides a brief history of efficiency plea practices in Europe and the United States . Chapter 4 tries to compare the Substantial Lessening of Competition test (SLC) with Significantly Impedes Effective Competition test (SIEC ) standards and try to prove the SIEC is suitable for our country. Chapter 4 also attempts to analyze anti-competitive effects of mergers by using economic analysis methods. Chapter Five is divided into three sections. Section one analyzes the main types of efficiency defense system models, including the integrated analysis model, offset analysis model and mixed analysis model. Considering the actual situation in our country and in accordance with regulations by the Antitrust Law of Taiwan, a mixed analysis mode is suggested for application. Section two focuses on the welfare standards of price standard, consumer welfare standard, the total surplus standard and the balancing weights standard. Section three recommends that standard of proof and method of proof and types of application conditions shall be established. Especially, the main types of application conditions are efficiency specific to concentration, the timeliness of the efficiency, the verifiability of the efficiency and whether the efficiency defense system is applied in the situation of near monopoly. Chapter Six defines the relevant market and suggest Critical loss analysis should be introduced for the relevant market definition. Chapter Six also suggests to adopt the " strong safe harbor" standard which means that once undertakings belong to the safe harbor range，they will no longer be subject to further review. The final chapter tries to offer some suggestions on the establishment of efficiency defense in Taiwan . Key words: efficiency plea, concentration of undertakings, the Substantial Lessening of integrated analysis model, offset analysis model, mixed analysis model, price standard, consumer welfare standard, the total surplus standard, the balancing weights standard

京都大学 / 0048 / 新制・課程博士 / 博士(法学) / 甲第18028号 / 法博第161号 / 新制||法||147(附属図書館) / 30886 / 京都大学大学院法学研究科法政理論専攻 / (主査)教授 前田 雅弘, 教授 洲崎 博史, 教授 北村 雅史 / 学位規則第4条第1項該当 / Doctor of Laws / Kyoto University / DGAM

傳統分期付款，原係由出賣人提供買受人之信用交易，後來因銀行等機構介入，使分期付款交易之兩造關係演變成出賣人、買受人及金融機構之三方法律關係。社會經濟活動不斷創新，交易類型早已脫逸出民事法律原本預期規制事項之外，實務上遂本於契約自由原則，而以交易雙方締結之契約作為決定當事人間權利義務之主要依據。 然而以定型化契約進行之信用卡或融資型分期付款交易，因為交易流程較為複雜，我國法律又欠缺詳細之具體規範，致使業者常利用其擬定不利於消費者之定型化約款而為交易。尤其是作為出賣人之企業經營者，以合作之金融業者所提供之信用貸款內容作為分期付款交易之條件，令消費者於交易時，同時簽下銀行信用貸款申請書，並由金融業者將交易對價總額一次撥付給出賣人，消費者則對於該金融業者分期償還。若交易標的為遞延型商品（服務），因可歸責於出賣人之事由致無法繼續履行給付義務，消費者卻因為銀行已經一次撥款，而無法行使同時履行抗辯等權利；此類交易複數契約間之關聯性與抗辯延伸之問題，頗值檢討研究。 本文擬以近年發生之信用卡或融資型分期付款交易等重大消費爭議，例如山基電信、亞力山大健身俱樂部等事件為主要研究對象，整理德、日兩國分期付款法制之沿革與重要規範，比較檢討我國法制之不足，並藉由釐清交易過程，探討對於此類交易之消費糾紛，應如何正確認定事實、適用法律，以避免經濟優勢地位者濫用契約自由。期能縮小分期付款交易相關當事人間權利義務與消費資訊之落差，以達成消費者保護法促進國民消費生活安全、提昇國民消費生活品質之目的。

隨著世界各國開放市場，事業間的競爭已步入國際化，是以競爭法制與政策也必須國際化，然而各國間競爭法規範的調和並未隨著經貿自由化而自然達成。本文點出競爭法與國際接軌的重要性，進一步檢視各國就競爭法案件在單邊、雙邊、複邊等層次將面臨哪些執法上的問題。又因國際反競爭案件越趨頻仍，競爭法主管機關間的合作需求隨之提高，究竟在執法合作上可能面臨哪些困難與限制，未來在合作上發展的趨勢如何，本文將循序漸進加以探討。目前國際間迄未形成一套強勢的競爭法制，世界貿易組織（World Trade Organization, WTO）亦放棄在杜哈談判回合處理競爭議題，然經貿自由化對國際競爭法制仍持續注入新元素。譬如各國簽訂之自由貿易協定與區域經濟整合，多設有競爭相關章節，並開始關注國營事業涉及的反競爭問題（即競爭中立的問題），此等新發展亦屬本文探討之範圍。 / Along with the trend of trade liberaliztion, the competition among enterprises has gone global. However, the competition rules seem to have no chance to reach international coordination in the near future. This article emphasizes that it’s important for a nation to coordinate its own competition law with other countries. Thus, the issues of competiton law enforcement at unilateral level, bilateral level, plurilateral level, regional level, and mutilateral level are also well discussed in this article. Due to the increasing number of anti-competition cases, the need for enforcement cooperation has risen. As a result, this article spends many efforts on recognizing the restraints and obstacles when cooperating with other competition authorities, trying to find the solutions to the problems of cooperation. Despite the fact that WTO failed to deal with international competition issues, there are many ambitious FTAs and reginal trade agreements trying to make common competition rules, which induce new elements into the field of international competition laws and policies. For exaples, TPP and many FTAs are in the negotiation of competitive neutrality requirement in the draft agreements. Such new development will not be excluded when speaking of international competition laws and policies.

本論文の目的は、多様な修辞現象を認知過程の観点から記述し、その相互関係の一部を明らかにすることである。研究方法は、基本的に認知文法のアプローチを採用する。研究対象は修辞学で分類されてきた多様な修辞現象であり、言語データとしては、主に日本文学の古典的テクストから採集した修辞表現を用いた。本論文の内容は、以下のように要約される。第1章では、研究の問題意識と本論文の構成について述べた。第2章では、これまでの比喩研究の中から数十をとりあげ、比喩の性質を考察した。また、比喩の認知過程をもとに、転義現象の一般的な修辞過程について述べ、修辞作用モデルとして提示した。第3章では、本論文の理論的背景となる認知文法の理論を概説し、スキーマの定義をおこなった。また、修辞現象を適切に規定していくために、修辞作用のスキーマと、カテゴリーの地形モデルを提案した。第4章では、修辞作用モデルにしたがって修辞性を分類した。つづいて、隠喩、直喩、比喩くびき、異義兼用、異義反復、類音語接近、かすり、誇張、緩叙、対比、対義結合、換喩、提喩、転喩、省略、黙説、転換、意味構文、破格くびき、代換、限定語反転、交差呼応、転移修飾という23の修辞をとりあげ、百数十の具体事例とともに、その認知的なスキーマを記述し、相互関係をネットワークのかたちで明示した。第5章では、比喩表現の理解と身体経験的基盤について、いくつかの複合的な修辞現象の具体事例をもとに、考察をおこなった。6章では本論文の結論と、研究の展望について述べた。 / Kyoto University (京都大学) / 0048 / 修士 / 修士(人間・環境学)

不論是反全球化或是支持全球化，我們都無法否認，全球化已經是一個現在進行式。另外一個與全球化一樣逐步成長的乃是市場經濟體制，市場經濟體制植基於開放競爭有助於資源合理分配的觀念，而全球化則擴大了資源分配的範圍。然而，全球化和市場經濟體制的發達，貿易壁壘的消除，也帶動跨國界限制競爭活動的發展，反托拉斯不再是單純的國內問題，而是國際問題。 國際反托拉斯所帶來的問題大致可分為下述兩種，一是阻礙國際貿易的發展，二是因為各國不同的反托拉斯標準造成國際緊張以及企業成本。第一類問題可以細分為下述幾種情況：1. 國際卡特爾破壞市場競爭機制以及消費者福祉； 2. 跨國公司在全球濫用獨占力，影響國際競爭秩序和消費者福祉；3. 競爭法的缺乏以及競爭法的不力執行構成市場進入障礙。第二類問題亦可以細分為下屬幾種情況：1. 國際合併的多國標準造成企業的額外成本，不利國際合併之進行，並造成國際緊張；2. 國與國間產業政策以及競爭政策的衝突。 面對上述這些跨國性的反托拉斯問題，各界紛紛提出競爭法調和的呼籲，此議題近來在各國際組織也漸獲重視。事實上為了處理國外限制競爭行為對國內所產生的影響，以保護本國利益，國內法方面已有所謂的「域外適用（extraterritorial application）」對策產生。但是競爭法的域外適用並無法全然解決現時國際限制競爭行為所帶來的問題，反而還帶來了新的問題，並造成國際緊張。為了在國際案件有效執行反托拉斯法，不論是在卡特爾案件或是獨占力濫用案件，各國競爭法主管機關互相合作與協調都是不可或缺的。至於將競爭法提升至國際法層次，避免國家以非關稅措施破壞自由貿易制度，似乎也有需要。 本文目的在於藉著對競爭法調和現況的瞭解和其成就之分析來尋求目前全球化時代，貿易自由化時代下跨國限制競爭問題的解決之道。 全文一共分為六章，第一章為緒論，為本論文做出開端，闡明全球化時代國際競爭秩序的問題，並提出研究範圍與目的。 第二章研究關於國際競爭秩序的雙邊條約，著眼於美國和歐盟，澳洲和紐西蘭，以及我國和世界各國所訂立的條約。討論範圍為該些雙邊關係所建立之合作內容，其具體成效，成功失敗之因素，以及可供世界各國借鏡之處。台灣部分則著眼於我國目前現狀之檢討，和未來走向之研究。 第三章為從事競爭法調和的區域性國際組織，研究範圍包括歐盟、APEC以及NAFTA。其中APEC所從事的活動較近於政策性的調和，屬於競爭政策的宣導；NAFTA則進一步具有競爭法的實體規範；歐盟不但具有實體規範，並具有一套全球獨步的競爭法執行架構。 第四章為國際組織，將討論UN, WTO和OECD在國際競爭法的發展。UN基本上雖為政治組織，但是對於競爭議題也相當重視；WTO部分則將討論目前競爭議題在WTO體系的進展，並進一步討論WTO進行國際競爭法調和工作的可行性和不可行性；OECD對於競爭議題也一直相當重視，本文將探討OECD在競爭議題方面的研究成果。 第五章為全球性的競爭法規範，討論的範圍有UNCTAD所提出的「管制限制性商業行為的一套多邊協議的公平原則和規則（Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices）」以及DIAC。這兩套全球性的競爭法不但都具有實體規範也都提出一套制度性規範，雖然兩者都未能成為具有拘束力的國際競爭法，但是其所提出的實體規範內容和架構設計仍值得我們做進一步的研究。「管制限制性商業行為的一套多邊協議的公平原則和規則」本身是以聯大決議的形式呈現，因此在某一角度而言，「管制限制性商業行為的一套多邊協議的公平原則和規則」並未失敗，然而DIAC原本乃是預定成為WTO的附件之一，唯最後這樣的理想並未實現，因此我們有必要去問，DIAC的失敗因素為何？是基於其實體內容的設計問題，或是制度面的設計問題？或者是因為其他的外在因素？ 最後，在第六章的結論，本文將試圖分析各種競爭法調和方式的利弊得失，並且提出建議。 / Some people oppose globalization, while others support globalization. However, it is undeniable that globalization is an on-going trend. Another on-going trend is market-oriented economy structure. The structure of market-oriented economy bases on the theory that competition contributes to reasonable allocation of resource. On the other hand, globalization expands the scope of the allocation of resources. However, the proliferation of globalization and the structure of market-oriented economy and the elimination of trade barriers also promote the development of transnational anticompetitive activities. Antitrust is no more a pure domestic issue, it is also an international issue nowadays. International antitrust problems could be divided into two parts. First, the international antitrust activities hinder the development of international trade. Second, different antitrust standards of each country cause international tense situation and increase enterprises’ cost. First situation contains following aspects: 1. International cartels ruin market competition system and welfare of consumers. 2. Transnational companies abuse their dominant power all globally and affect international competition order and consumers’ welfare. 3. Absence of competition law and unenforcement of it constitute market entrance obstacles. Second situation also contains following aspects: 1.Different standards of international mergers bring many results, such as increasing enterprises’ extra cost, hindering the proceedings of international mergers, and causing international tensions. 2. The conflict between industry policy and competition policy of countries. Facing those transnational antitrust problems, the issue of the harmonization of competition law has been raised. This issue is drawing more and more attention in several international organizations day by day. In fact, to deal with the domestic effect of abroad anticompetitive activities to protect national interest, the theory “extraterritorial application” of domestic law has been raised. However, the extraterritorial application of domestic law is unable to solve all the problems that the international anticompetitive activities have brought. Furthermore, it has also made new problems and caused international tensions. To enforce antitrust law effectively in international cases, cooperation and coordination between national competition agencies are unavoidable. In addition, bringing antitrust law up to international law level and avoiding nations ruin free trade system by non-tariff strategy seem also be needed. The main purpose of this essay is to understand and analysis the current situation of the harmonization of competition law and to find out the solution of transnational competition problems in the era of globalization and the era of free-trade. This essay has been divided into 6 chapters. The first chapter is the introduction, which illustrates the international competition problems in the era of globalization and brings out the studying scope and purpose of this essay. The second chapter talks about international competition bilateral treaties between U.S. and E.U., Australia and New Zealand, Taiwan and other countries. The discussing scope contains the cooperation content which was set up by the bilateral treaty, its concrete result, and the reasons of its failure or success. As for Taiwan, this essay focuses on the review of its current situation and where its future is. The third chapter talks about regional international organizations which involve in the harmonization of competition law, such as E.U., APEC and NAFTA. APEC’s activities are more closer to the harmonization of policies, which promote competition activities. NAFTA has substantial competition regulations. E.U. not only has substantial regulations but also has the first set of enforcement system of international competition law in the world. The forth chapter is international organization, which talks about the development of international competition law in U.N., WTO and OECD. Although basically U.N. is a political organization, it also highly emphasizes competition issues. In addition, this chapter talks about the development of competition issues in the WTO system and the possibilities of promoting the harmonization of international competition law in WTO. Additionally, OECD also emphasizes competition issues very much. This chapter also talks about the study result of OECD in the competition issues. The fifth chapter is the global competition regulations, which contains “Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices” of UNCTAD and “ Draft International Antitrust Code”. Both of the global competition laws contain substantial regulations and the design of enforcement systems. Although both of them ended up in unrestrictive regulations, they also deserve further research. “Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices” was brought out with the form of UN General Assembly Resolution, but it is successful in some aspect. DIAC was meant to be an Annex of WTO originally. However this idea was not realized at the end. Why DIAC failed? Was it because of the design of its substantial content or the design of the enforcement structure or other outside factors? At last, this essay will analysis the shortages and advantages of all kinds of the harmonization of competition law and bring out recommendations in the conclusion of chapter 6.