Global Competition Law Centre

Competition Law in times of Economic Crisis : in Need of Adjustment ? - GCLC Annual Conference Series

Jacques Derenne, Massimo Merola, José Rivas

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  • Paru le : 01/12/2013
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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.
  • Date de parution : 01/12/2013
  • Editeur : Bruylant
  • ISBN : 978-2-8027-4546-4
  • EAN : 9782802745464
  • Format : ePub
  • Nb. de pages : 652 pages
  • Caractéristiques du format ePub
    • Pages : 652
    • Taille : 1 198 Ko
    • Protection num. : Digital Watermarking
Graduated in Law from the University of Liège (Belgium), and from the College of Europe (Bruges). Avocat, member of the Brussels and Paris Bars. Member of the Executive Committee of the GCLC, College of Europe. Practicing lawyer since 1988, partner and head of competition practice of Hogan Lovells, Brussels. Associate Professor (maître de conferences) at the Liège University (LL. M in Competition and IP law) and at the Brussels School of Competition. 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. Graduated in Law from the University of Zaragoza (Spain) pursued European Law Studies at the University of Exeter and obtained a Masters in European Law at the College of Europe (Bruges).
Member of the Executive Committee of the GCLC.   Spanish representative in the working groups on State Aids and Competition Law of Business Europe.  Editor of the specialized journal World Competition (Kluwer).  Practicing lawyers since 1986 and currently a partner and Head of its EU & Competition Group of Law firm Bird & Bird LLP (Brussels).

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Jacques Derenne et Massimo Merola - Global Competition Law Centre  : Competition Law in times of Economic Crisis : in Need of Adjustment ? - GCLC Annual Conference Series.
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