COVID-19 has acted as an accelerator, bringing into play scenarios which were previously only contingencies and making contingencies of (and requiring planning for) situations which were previously barely imaginable. The debt...more
Although the EU’s introduction of a Temporary Framework has enabled governments to offer extensive State-backed loans, the airline industry needs more than just credit—it will need equity. However, State aid to the aviation...more
Key Points -
- Although Brussels has no power to approve or block FDI, the European Commission is urging a tightening of policy across the block.
- The Commission is signaling that it is responsive to calls for a more...more
The first wave of discussion about the impact of COVID-19 on EU merger control was very much on the practical and procedural. What, impact if any, will the response to this crisis have on the substantive assessment of mergers...more
How will European Competition Enforcers Respond?
The COVID-19 pandemic presents an unprecedented challenge to the economy and competition enforcement is no exception. Authorities at EU and national level may need to...more
3/21/2020
/ Anti-Competitive ,
Antitrust Violations ,
Competition Authorities ,
Coronavirus/COVID-19 ,
EU ,
European Commission ,
Mergers ,
Premerger Notifications ,
State Aid ,
State of Emergency ,
Treaty on the Functioning of the European Union (TFEU)
Member States of the EU and the U.K. are announcing massive support packages for companies affected by the coronavirus crisis. These interventions are on a vast scale. Unlike the 2008 financial crisis, the measures we are...more