BWB publishes position paper on debate about European champions and the call to relax EU merger control
(World News Austria)

BWB publishes position paper on debate about European champions and the call to relax EU merger control 26.11.2019 There have been heated debates since February 2019 about realigning competition policy and industrial policy in Europe. Against the backdrop of a supposed rise in competition pressure from the USA and China, one of the proposals is that it should be possible for anti-competitive mergers to be cleared by EU merger control if such mergers improve competitiveness. The BWB has looked into the effects of such a `European champions` policy in great detail, and is now publishing its findings in a position paper. Background In February 2019 the European Commission blocked the planned...