Sunday, August 27, 2006

Why EU mergers are becoming more tricky


When Neelie Kroes took on the job of European Union competition commissioner two years ago, there were a few things she knew needed fixing.

The Dutch former cabinet minister was quick to realise that the fight against cartels demanded greater focus and speedier results. She pushed through reform of the European Commission’s powers to scrutinise government subsidies and, more recently, set the EU’s top antitrust regulator rethinking a third core area: the battle against large companies that abuse their dominant market position.

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