In this issue: Antitrust in Times of Economic Crisis: A Global Perspective George Addy, Anita Banicevic, Mark Katz, Dec 15, 2008 Antitrust Legislation and Policy in a Global Economic Crisis—A Canadian Perspective To date, the approach of antitrust agencies has been anything but uniform. In Canada, the Competition Bureau has been silent on its views […]

This article is part of a Chronicle. See more from this Chronicle Albert A. Foer, Dec 15, 2008 The Great Banking Meltdown of 2008, which may yet metastasize into the Even Greater Depression, has already resulted in an unprecedented rearrangement of the financial services sector. Merrill Lynch and Countrywide Financial are now part of the […]

This article is part of a Chronicle. See more from this Chronicle Joseph Hur, Paul Rhee, Dec 15, 2008 The financial crisis that originated in the United States is spreading throughout the world and is now causing an economic crisis by infiltrating the real economy. This crisis is of a magnitude that has rarely been […]

This article is part of a Chronicle. See more from this Chronicle Daniel Crane, Dec 15, 2008 In 1940, while head of the Justice Department’s Antitrust Division (“DOJ”), Thurman Arnold published The Bottlenecks of Business, a book that defended reinvigorated antitrust enforcement. He entitled Chapter IV A Free Market in Times of National Emergency or […]

This article is part of a Chronicle. See more from this Chronicle Abel Mateus, Dec 15, 2008 We are in the middle of the worst financial and economic crisis since the Great Depression. In this paper, I argue that aggressive and timely state aid and intervention are required. The Commission has acted on the measures […]

This article is part of a Chronicle. See more from this Chronicle John Vickers, Dec 15, 2008 It is a familiar pattern that when the going gets tough, some of the not-so-tough seek exemptions from competition law. But might they have a point, especially when they are banks in an unprecedented financial crisis? This note […]

This article is part of a Chronicle. See more from this Chronicle Damien Gerard, Dec 15, 2008 EU Competition Commissioner Kroes likes to use catchphrases to encapsulate policy statements. Since early October, one of her favorite lines is that competition law, and State aid law in particular, is part of the solution to the financial […]

This article is part of a Chronicle. See more from this Chronicle George Addy, Anita Banicevic, Mark Katz, Dec 15, 2008 As the global economic crisis continues, governments and private parties worldwide have undertaken a number of measures to safeguard the stability of their ailing economies. For example, governments in the United States, Europe, and […]

This article is part of a Chronicle. See more from this Chronicle David Lewis, Dec 15, 2008 Macroeconomists often stand accused with good reason of treating firms as black boxes whose diverse features are not acknowledged, or even understood, when responses to fiscal and monetary policy decisions are considered. But by the same token, much […]

This article is part of a Chronicle. See more from this Chronicle Howard Chang, Xinzhu Zhang, Dec 11, 2008 On November 18, 2008, China’s Ministry of Commerce (MOFCOM), the Chinese merger control authority, approved InBev’s takeover of Anheuser-Busch, with certain restrictions. The InBev Decision is the only published decision that MOFCOM has made to date […]