Journal Article

The Role of Competition and State Aid Policy in Financial and Monetary Law

Philip Marsden and Ioannis Kokkoris

in Journal of International Economic Law

Volume 13, issue 3, pages 875-892
Published in print September 2010 | ISSN: 1369-3034
Published online December 2010 | e-ISSN: 1464-3758 | DOI: https://dx.doi.org/10.1093/jiel/jgq028
The Role of Competition and State Aid Policy in Financial and Monetary Law

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During the financial crisis, companies and lenders found themselves in distressed situations. Competition authorities across the globe had to deal with controversial issues such as the application of the ‘failing firm’ defence in merger transactions as well as assessment of emergency aid granted by states. This article considers competition policy in periods of crisis, in particular the failing firm defence in merger control and its state aid policy.

Journal Article.  8136 words. 

Subjects: Financial Law ; Public International Law ; Economics

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