Purpose This paper proposes an objective metric to trigger bank recovery. Banks’ living wills involve both recovery and resolution. Since it may not always be clear when recovery plans or actions should be triggered, there is a role for an objective metric to trigger recovery....

There is a clear gap between the theory of empowerment and its practical application. Drawing on research by Harbridge Consulting Group, examines the problems inherent in implementing an empowerment initiative, considering especially the demands made on managers. Individual managers are seeing...

This article first sets out the main economic and legal requirements for a competition enforcement system to be effective, as well as the main building blocks upon which the effectiveness of any such system depends.

Competition policy is one of the tools we need to deploy to help maintain the integrity of the EU single market and to help our economies out of the crisis,

The review resulted in the Commission adopting, on December 3, 2008, guidance on its enforcement priorities in applying Article 82 to abusive exclusionary conduct by dominant undertakings.