On March 23, 2020, the European Commission announced that all
competition authorities in the European Competition Network (ECN)
(the Commission, the European Surveillance Authority, and the
national competition authorities of each EU/EEA Member State)
issued a joint statement on how to apply the European competition
rules during the COVID-19 crisis.
More specifically, the joint statement underlines that European
competition rules (along with the domestic rules of each EU/EEA
Member State) are flexible enough to take into account changes in
market circumstances such as those caused by the crisis. The joint
statement states that:
- The ECN it is fully aware of the
social and economic consequences triggered by the COVID-19 outbreak
in the EU/EEA.