During the financial crisis, companies and lenders found themselves in distressed situations. Competition authorities … transactions as well as assessment of emergency aid granted by states. This article considers competition policy in periods of …

the economy. In an economic crisis, the tension between the possibility to counteract and fair competition comes … particularly to the fore. The European Commission gave priority to the former. However, the distortion of competition that this … the interests of the financially weaker member States and to preserve fair competition and cohesion in the EU …