This title addresses whether the risks of a systemic crisis to an entire market can justify the adoption of a more lenient approach to established standards in competition enforcement. It provides a valuable practical guide for policy makers as well as practitioners in the field of competition...

Introduction -- The sovereign-banks Nexus : an economic analysis -- The European sovereign debt crisis as a source of case studies -- An economic analysis of policy options -- Closing the first channel of contagion from banks to sovereigns : Hitherto European actions and their critique --...

Conceptual flaw, original sin, and misapplications of the Maastricht Treaty -- The Greek memoranda -- Institutional creativity -- The two sides of the coin : constitutional reviews of the crisis legislation -- The Schmittian and the Madisonian moments of the crisis and the fate of the...