By Ioannis Kokkoris
The final word aim of pageant legislation is to advertise festival and, in such a lot jurisdictions, to augment patron welfare. festival coverage can be put aside as a result of designated and unprecedented situations, corresponding to a monetary quandary that threatens the soundness of an financial system. it's for this reason vital to have a transparent figuring out of pageant legislation and the exceptions to it. the foremost factor that this ebook addresses is whether or not a monetary difficulty can justify the adoption of a extra lenient method of proven felony criteria as a result dangers of the systemic concern to the whole marketplace. It presents an research of exceptions to pageant legislation and coverage, quite within the context of a monetary main issue, explores the explanation of festival legislations within the mild of conflicting pursuits, and serves as a worthwhile sensible consultant for coverage makers in addition to practitioners within the box.
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Additional resources for Antitrust Law amidst Financial Crises
Introduction 5 prevention of the merger. Thus, rather than an efficiency defence, we may need to consider an inefficiency defence as well. This is an important consideration that was clearly taken into account in a number of cases. In the penultimate chapter, we shall analyse the circumstances under which the authorities should place significant emphasis on the continuity of service or product, so significant that in certain cases even if the criteria of efficiency defence may not be strictly satisfied, the merger should be cleared on the basis of the prevention of the resulting inefficiencies from discontinuing the product or service.
013, 21 February 1962] Art. 15(2) 339 Art. 17 337, 338 Regulation (EC) No 1370/2007 of the European Parliament and of the Council of 23 October 2007 on public passenger transport services by rail and by road and repealing Council Regulations (EEC) Nos 1191/69 and 1107/70  OJ L315/1 363 Treaties of Rome 1957 19n Treaty Establishing the European Atomic Energy Community (EAEC Treaty) 1957 19n Treaty Establishing the European Community (EC Treaty) 19, 334, 432, 505, 507 Art. 1(b) 138 Art. 2 117n Art.
3 7, 21, 138, 335, 433, 438 (3) 20, 508 Protocol 27 7, 349 Treaty of Paris 1951 (ECSC Treaty) 18, 262, 267, 273, 274–84, 293 Art. 2 18, 277, 278, 280 Art. 3 277, 278, 280, 281, 350 xxxii table of treaties and international instruments (c) 280, 281, 282, 284 (f) 281 Art. 4 277, 278, 280, 283 Art. 33 283 Art. 46 280 Art. 47 276, 283n (1) 276 Art. 48 280 Art. 57 277 Art. 58 26n, 277, 279, 280 (1) 281 Art. 59 26n Art. 60 278–9, 282 (2) 281 (b) 282 Art. 61 279, 280 (2) 282n (b) 281 Art. 64 26n, 281 Art.