Any business in the world could be affected by the coronavirus (COVID-19) pandemic. For many, urgent measures need to be taken to avoid serious financial consequences as a result of these challenging and unprecedented times.
Business models will likely require adaptation, with cost-efficiency being improved to increase businesses’ chance of survival and promote their long-term viability.
Some businesses may even be forced to cooperate with others in their industries or sectors. Relevant governments and competition authorities have approached this in different ways, such as introducing leniency measures or changing the law.
More than ever, the CMS EU Competition Group is ready to help businesses facing difficult decisions. This expert guide outlines the state of play in each jurisdiction. It will continue to be updated as the situation develops.
If you have further questions you can find your contacts in the CMS Competition Group Contact Card.