EU State Aid Sparks Competition Worries Amid Crisis

Law360, New York (March 6, 2009, 12:00 AM EST) -- As the global economic crisis deepens, the new hot topic for European Union competition attorneys — and an increasing source of incoming work — has become governments looking to provide emergency aid to struggling companies, particularly banks.

The debate has centered on the question of whether competition laws related to state aid get in the way of a state's ability to protect its domestic industries in times of financial troubles or help companies that are not targeted to receive government aid to compete on a level...
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