In this issue: New Competition Act: Call-for-Papers; Independent economic regulation and possible flaws; Parental liability for competition infringements by subsidiary; Parallel competences EU-Member-State and the non bis in idem principle; Theme-Section: State-Aid, in particular its legal framework and its role in the management of the crisis in the financial sector; Commentary on the European Commission’s decision on the Portuguese’ State guarantee to Banco Privado Português; Case-law commentary on C-171/08 (golden-share).