Financial services and competition law: An overview of EU and national case law

1. Financial crisis We are writing this foreword during a period of virtually unprecedented economic disarray. At the time of drafting, a deal has just been hammered out to protect Greece from default on its sovereign debt, but uncertainty still remains as to whether other Eurozone countries - including Italy - will default. Dexia has been nationalised by the Belgian state [1], and UK banks are being ring-fenced in order to protect retail deposits from "risky" wholesale banking operations [2]. The blame for this turmoil and its immediate antecedents over the last three years has been levelled squarely at the financial services sector. At a time when billions of euros of public money have gone towards propping up the banks, it seems timely for e-Competitions to step back and take

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Authors

  • King’s College (London)
  • Freshfields Bruckhaus Deringer (London)
  • Freshfields Bruckhaus Deringer (London)

Quotation

Alison Jones, David Aitman, Alastair Chapman, Financial services and competition law: An overview of EU and national case law, 24 July 2014, e-Competitions Financial services, Art. N° 42347

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