As result of the recent crisis it has been argued that competition policy may be set aside due to special and exceptional circumstances. These special and exceptional circumstances can be, inter alia, the collapse of a bank that can trigger a systemic crisis. Th erefore it is important to have a clear understanding of the rules (i.e. competition law) and the exceptions to those rules, especially in the presence of such exceptional circumstances. In addition, it is important for distressed entities and policy makers to understand clearly the array of options that they have in advance since these can be used as part of their ‘crisis toolkit’. Th e aim of this book is to provide an analysis of such exceptions to competition law and policy, particularly in the context of a fi nancial crisis. [download]
Format : Ebook.Pdf
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