Competition Law in times of Economic Crisis : in Need of Adjustment ?: GCLC Annual Conference Series
Jacques Derenne · Massimo Merola · José Rivas
Dec 2013 · Primento
Ebook
652
Pages
family_home
Eligible
info
reportRatings and reviews aren’t verified Learn More
About this ebook
Throughout this unprecedented crisis which is hitting all major economies in the EU, the escalation of the Eurozone recession increasingly undermines public confidence in the ability of competitive markets to deliver positive outcomes.
A debate on the most appropriate way to enforce competition rules, in light of the crisis, is definitely useful.
A “relaxed” stance to competition during difficult periods may be tempting and indeed, this has often been the approach used in the past. However, the enforcement of competition rules is no less important during times of crisis than during normal periods. It has also been argued that, when public resources are stretched to the limit and businesses are struggling to survive, competition authorities should seek to focus their limited resources on those anticompetitive practices which are most detrimental to consumer welfare such as cartels. Indeed, if over-enforcement is perhaps undesirable when the economy is functioning well, it will inevitably become more problematic during an economic downturn.
In addition, business managers may be increasingly tempted to resort to anticompetitive practices when faced with economic hardship.
This book will appeal to judges and lawyers in competition law, European law, business/corporate law and insolvency law ; the study of European competition law, European institutions, national competition authorities, and companies.
A debate on the most appropriate way to enforce competition rules, in light of the crisis, is definitely useful.
A “relaxed” stance to competition during difficult periods may be tempting and indeed, this has often been the approach used in the past. However, the enforcement of competition rules is no less important during times of crisis than during normal periods. It has also been argued that, when public resources are stretched to the limit and businesses are struggling to survive, competition authorities should seek to focus their limited resources on those anticompetitive practices which are most detrimental to consumer welfare such as cartels. Indeed, if over-enforcement is perhaps undesirable when the economy is functioning well, it will inevitably become more problematic during an economic downturn.
In addition, business managers may be increasingly tempted to resort to anticompetitive practices when faced with economic hardship.
This book will appeal to judges and lawyers in competition law, European law, business/corporate law and insolvency law ; the study of European competition law, European institutions, national competition authorities, and companies.
About the author
Massimo Merola is the managing partner responsible for the Brussels Office of Bonelli Erede Pappalardo and is the scientific director of the firm’s European Law and Antitrust group. In conjunction with his active legal practice, Mr Merola is President of the Global Competition Law Center, the Research Center on Competition Law of the College of Europe in Bruges, Belgium where he is a professor since 1993 and teaches an obligatory course in State aid and public undertakings law.
Rate this ebook
Tell us what you think.
Reading information
Smartphones and tablets
Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.
Laptops and computers
You can listen to audiobooks purchased on Google Play using your computer's web browser.
eReaders and other devices
To read on e-ink devices like Kobo eReaders, you'll need to download a file and transfer it to your device. Follow the detailed Help Center instructions to transfer the files to supported eReaders.
