Extract
Antitrust In The Downturn.
The credit crunch and economic downturn have brought about new challenges for competition law, for those subject to it and for those who administer it. In response to the liquidity crisis and associated deterioration of market conditions, antitrust enforcement authorities have demonstrated some flexibility in both the timing and substantive standards applied to the review of mergers and other collaborative activities in the financial industry. This flexibility, however, carries the additional challenges of ensuring c...
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