Merger Control in the Banking Sector During the Financial Crisis
17 Pages Posted: 29 Aug 2010
Date Written: October 30, 2009
This paper analyses the merger control instruments available to overcome a crisis of a company and highlights their role in the 2008/09 global financial market crisis. It concludes that the German merger control regime is well equipped to overcome any (further) banking crisis as long as the market structure in the German banking sector virtually excludes the emergence of serious conflicts of objectives between the protection of competition on the one hand and the stabilisation of the financial system on the other hand.
Keywords: Competition Policy, Merger Control, Banking Industry, Failing Company Defence, Financial Crisis, Financial Markets Crisis
JEL Classification: L40, L49, K21
Suggested Citation: Suggested Citation