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The European Commission to assess the compatibility or incompatibility of mergers with a community dimension has to consider different factors. Among them is the serious financial and economic situation of the target company. For this purpose has developed the failing firm defence, which enables the antitrust authority to allow those mergers, that despite raise competition concerns, are suitable to operate as anti-crisis measures. This paper aims to study this issue in the singular area of the European Merger Control.

revista de derecho

La excepción de la empresa en crisis (failing firm defence): La evaluación de las concentraciones de recuperación o saneamiento económico en la Unión Europea