By Ioannis Kokkoris
The final word objective of festival legislation is to advertise festival and, in such a lot jurisdictions, to augment purchaser welfare. festival coverage should be put aside as a result of certain and remarkable conditions, akin to a monetary predicament that threatens the soundness of an economic climate. it really is consequently vital to have a transparent figuring out of festival legislation and the exceptions to it. the most important factor that this ebook addresses is whether or not a monetary challenge can justify the adoption of a extra lenient method of verified felony criteria due to the dangers of the systemic concern to the whole industry. It presents an research of exceptions to pageant legislations and coverage, rather within the context of a monetary situation, explores the reason of pageant legislations within the mild of conflicting pursuits, and serves as a useful useful advisor for coverage makers in addition to practitioners within the box.
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Additional resources for Antitrust Law amidst Financial Crises
In adopting a pragmatic approach, competition authorities should aim at minimizing adverse precedential issues as well as adverse effects on competition, effects that can sustain after the crisis is over. Competition policy needs to be pragmatic, and flexible enough to address sudden exogenous shocks and the wide-ranging implications of such shocks to whole markets. After all, the ultimate and undoubted aim of the Commission should be to enhance the degree of competition in a market, leading to improvement of consumer welfare.
Benetton International NV, Case C126/97  5 CMLR 816, para. 36. htm. The European Council is a meeting of the heads of state or government of the European Union, and the president of the European Commission. On average four European Councils are held each year. Discussion and decisions take place on the matters of key issues and direction of the EU. 20 antitrust law amidst financial crises According to Article 3 of the Treaty on the Functioning of the European Union,14 1. The Union shall have exclusive competence in the following areas: (a) customs union; (b) the establishment of the competition rules necessary for the functioning of the internal market; (c) monetary policy for the Member States whose currency is the euro; (d) the conservation of marine biological resources under the common fisheries policy; (e) common commercial policy.
The shareholders are unlikely to lose the investment and are likely to reap benefits if the merger proves 5 6 7 8 The report prepared by the ICN (International Competition Network) Unilateral Conduct Working Group (ICN Report) for the 6th Annual Conference of the ICN in May 2007 includes a table of the objectives of unilateral conduct laws identified in the responses of the jurisdictions which were surveyed as part of the ICN Report. D. htm. An equivalent term is failing-company defence. United States v.
Antitrust Law amidst Financial Crises by Ioannis Kokkoris