Relaxing whilst doing Competition Law is not an Oxymoron

Archive for June 28th, 2011

Slides of GCLC Lunch Talk on Remedies in State Aid Banking Cases

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I attach below the slides presented by H. Gilliams (Eubelius) and N. Pesaresi+G. Mamdani (DG COMP) at yesterday’s lunch talk.

Pesaresi and Madamdani – Competition Measures and State Aid Banking Cases

Hans Gilliams — Bank R&R aid — compensatory measures — GCLC Lunch Talk 27 June 2011

The open question to me: the remedial approach enclosed in those slides sought primarily to address the “too big to fail” issue. Now, should this approach be applied to the different setting where banks face bankrupcy issues because they have purchased dirty paper from failing States?


Written by Nicolas Petit

28 June 2011 at 6:41 pm