By Ioannis Kokkoris
The last word aim of festival legislation is to advertise festival and, in so much jurisdictions, to augment customer welfare. festival coverage can be put aside as a result of targeted and unparalleled conditions, equivalent to a monetary main issue that threatens the steadiness of an economic climate. it truly is for this reason vital to have a transparent figuring out of festival legislation and the exceptions to it. the major factor that this publication addresses is whether or not a monetary problem can justify the adoption of a extra lenient method of demonstrated felony criteria because of the hazards of the systemic predicament to the complete industry. It offers an research of exceptions to festival legislations and coverage, relatively within the context of a monetary predicament, explores the explanation of pageant legislation within the gentle of conflicting pursuits, and serves as a important sensible advisor for coverage makers in addition to practitioners within the box.
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Extra info for Antitrust Law amidst Financial Crises
83 (ex 87 EEC) 37n Art. 86 (now 106 TFEU) 6, 37n Art. 87 (now 107 TFEU) 6, 37n Art. 88 (now 108 TFEU) 6, 37n Art. 92(1) 137 Art. 158 (ex 130(a) EEC) 138 Art. 229 337, 338 Art. 232 (ex 235 EEC) 37n Treaty of Amsterdam 1997 37n Treaty of Lisbon 2007 5, 19, 20, 21, 36, 37n, 61, 138, 200, 334, 365, 433, 455, 462, 498, 505, 507, 508 Art. 3 464 Treaty of Maastricht 1991 (TEU) 19, 455, 488 Art. 2 20, 117n Art. 3 7, 21, 138, 335, 433, 438 (3) 20, 508 Protocol 27 7, 349 Treaty of Paris 1951 (ECSC Treaty) 18, 262, 267, 273, 274–84, 293 Art.
They must consider not only the short-term restabilization of the economy but the long-term development of competition as well. According to Nadia Calvino, deputy director-general for competition at the European Commission, 18 19 For example, the liquidation aid to Roskilde Bank in Denmark (NN 39/2008). org. introduction 9 There are clear challenges in the policy landscape: there is a financial crisis which leads to systemic risks and is now turning also into a real economic recession. 20 Competition authorities should be pragmatic in enforcing competition legislation against mergers, cartels and state aid in periods of crisis.
1 131n Art. 2 (1) 223 (1)b 45 (2) 223 (3) 39, 40, 210, 223 Art. 4 132n (5) 131n Art. 6(1) xxx table of treaties and international instruments xxxi (b) 131n (c) 447 Art. 7 424 (3) 114, 131, 132, 133, 136, 194, 423 Art. 8 (1) 131n (2) 131n Art. 10(6) 131n Council Regulation (EC) No 659/1999 of 22 March 1999 laying down detailed rules for the application of Art. 93 of the EC Treaty (now Art. 108)  OJ L83 352, 366 §2 308n Council Regulation (EEC) No 4064/89 on the control of concentrations between undertakings  OJ L395/1 37, 38, 226 Recital 13 117n Art.
Antitrust Law amidst Financial Crises by Ioannis Kokkoris