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CRA European Competition Practice:
Brussels conference hosts a debate on the impact of the credit crunch on competition policy

3 December 2008

In a conference in Brussels on 3rd December 2008, Director of the Centre for Economic Performance, Professor John Van Reenen debated the impact of the credit crunch on competition policy with John Fingleton, CEO of the UK Office of Fair Trading, Philip Lowe, Director General of DG-COMP at the European Commission and Professor Xavier Vives. He raised the issue that the relaxation of rules on state aid and mergers could be storing up problems for the longer-term as once subsidies are given out, they become increasingly hard to take back.

His presentation can be found here.

Related links
John Van Reenen webpage
Productivity and Innovation Programme webpage