Monday, November 16, 2009
Posted by D. Daniel Sokol
Philip Lowe (European Commission, DG Competition) analyzes Competition Policy and the Economic Crisis.
ABSTRACT: The Commission stands firm on the importance of maintaining the competition rules and a policy of robust competition policy enforcement. I propose to discuss in this article first why we believe that competition policy is one of the tools we need to deploy to help maintain the integrity of the EU single market and to help our economies out of the crisis, and then to examine, concretely, how the crisis has affected and is affecting our approach to enforcing the EC State aid rules, as well as the EC antitrust and merger control rules.