Chillin'Competition

Relaxing whilst doing Competition Law is not an Oxymoron

Promotion (including self-promotion)

with one comment

Yesterday, I made my mom and dad very proud. I was interviewed by the French newspaper Liberation.

The interview is about credit rating agencies and competition law. It is a follow-up to my blog post a few days ago. See link below for the text or here on the blog of Jean Quatremer.

So much for the self-promotion: Garrigues decided to promote Alfonso to senior associate level! A fully deserved decision: Alfonso is one of the most promising, brightest and funniest AT lawyer out there. Congrats!

This makes his mom, dad and co-blogger very proud too.

Libération (2)

Written by Nicolas Petit

16 July 2011 at 1:58 pm

Posted in Uncategorized

One Response

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  1. Very nice article

    As you pointed out, in Europe salvation could only come from public enforcement (either antitrust remedies or regulation), which has the problem of being highly political.
    However, this is not necessarily the case everywhere. For example, I could potentially see a massive consumer class action by pension-fund holders in the US, accusing rating agencies of anticompetitive conduct (collective dominance, collusion…) having directly caused the recent Credit Crunch and therefore financially harming them all.

    This could potentially have a much greater financial impact on S&P, Moody’s and Fitch – albeit not a structural one (which is probably what is most required at this point).

    Thomas

    18 July 2011 at 11:08 am


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