This module addresses the regulation of takeovers of publicly traded companies in the United Kingdom and the United States. It considers the following aspects of the market for corporate control and its regulation:

• The benefits, costs and effects of the market for corporate control
• The different modes of regulating takeovers and the advantages and disadvantages of different modes of regulation
• The historical drivers of takeover regulation
• An in-depth and comparative analysis of UK and US regulation of the takeover process, including how bids are made and the regulation of the terms of those bids
• The use of takeover defences to defend against unwanted bids, including how they are created, their likely effects and their regulation