State aid to banks
Einde inhoudsopgave
State aid to banks (IVOR nr. 109) 2018/13.4.1:13.4.1 Why is this a relevant characteristic?
State aid to banks (IVOR nr. 109) 2018/13.4.1
13.4.1 Why is this a relevant characteristic?
Documentgegevens:
mr. drs. R.E. van Lambalgen, datum 01-12-2017
- Datum
01-12-2017
- Auteur
mr. drs. R.E. van Lambalgen
- JCDI
JCDI:ADS592995:1
- Vakgebied(en)
Financieel recht / Europees financieel recht
Mededingingsrecht / EU-mededingingsrecht
Deze functie is alleen te gebruiken als je bent ingelogd.
Beneficiary banks should take compensatory measures (i.e. measures to compensate for the competition distortions). There are different types of compensatory measures. Market-opening measures are a type of compensatory measure. The fact that the beneficiary bank will implement market-opening measures is thus a relevant characteristic.
The relevance of market-opening measures is also recognised in the Restructuring Communication. Point 33 of the Restructuring Communication stresses that the Commission will view positively measures that help to ensure that national markets remain open and contestable. An open and contestable market means that potential competitors can easily enter the market. Such markets are characterised by low entry barriers.