The financial crisis has put pre-crisis political consensus with respect to market organization in Europe under pressure : Several formerly private banks have come under state control ; the willingness of governments to bailout failing firms has risen again ; only the future will show whether liberalization efforts will come to a halt. [1] In such an environment the question arises whether competition policy requires specific rules vis-à-vis public firms. Indeed, this has been the topic of a recent OECD roundtable [2] and of last year's competition policy conference of the Swedish Competition authority. The latter was initiated by a current competition policy reform in Sweden allowing the application of Article 102 TFEU to public firms without proving dominance (but proving common
FOREWORD : FINANCIAL CRISIS - PUBLIC FIRMS - ECONOMIC PRINCIPLES - STATE AID CONTROL
Anticompetitive behaviour of public enterprises : Lessons to be learned from European State Aid control
As a consequence of the financial crisis, the importance of public ownership of firms has risen. This article applies economic principles from the field of European State aid control to public enterprises, and identifies important insights on how to tailor competition policy to the particular concerns related to public firms.
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