COMPETITION POLICY DURING THE ECONOMIC CRISIS – LEGAL ISSUES

Mateusz Blachucki and Rafal Stankiewicz
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Mateusz Blachucki: Polish Academy of Sciences
Rafal Stankiewicz: Polish Academy of Sciences

Equilibrium. Quarterly Journal of Economics and Economic Policy, 2010, vol. 4, issue 1, 79-89

Abstract: The paper addresses the issue of legal issues of competition policy during the economic crisis. During the economic crisis public authorities are forced to redefine the aims of public policies and harmonize them. The paper aims at identifying spheres, where competition policy is limited by other public policies. First, the problem of crisis cartels and their admissibility under competition law is discussed. It is followed by the presentation of the exemptions to the general prohibition of anticompetitive mergers. Last but not least, the temporary framework for state aid in the UE is presented. It has been argued that during the economic crisis public authorities use peculiar legal instruments of competition policy to address problems arising from the crisis. Whenever it is possible reference to the case law is made in order to present the application of presented problems in practice.

Keywords: competition policy; economic crisis; crisis cartels; state aid; control of concentration of entrepreneurs (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pes:ierequ:v:4:y:2010:i:1:p:79-89

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