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

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  • Philip Marsden
  • Ioannis Kokkoris

Abstract

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. Oxford University Press 2010, all rights reserved, Oxford University Press.

Suggested Citation

  • Philip Marsden & Ioannis Kokkoris, 2010. "The Role of Competition and State Aid Policy in Financial and Monetary Law," Journal of International Economic Law, Oxford University Press, vol. 13(3), pages 875-892, September.
  • Handle: RePEc:oup:jieclw:v:13:y:2010:i:3:p:875-892
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    File URL: http://hdl.handle.net/10.1093/jiel/jgq028
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