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EU: Antitrust rules not realistic about China threat says Merkel

 |  June 4, 2019

The French Ministry of Economy wants to change competition practices and trade policy in Europe. Its proposals also aim to tackle new digital conglomerates, reported Euractiv.

After being snubbed by the failed merger between Alstom and Siemens, France has been urgently calling for an overhaul of EU competition rules.

This message, conveyed by a report from France’s Inspectorate General of Finances (IGF), published on Monday, 3 June, at a moment when the race for the European Commission president position is on.

France’s message calls for a relaxation of the rules, which it considers more stringent in Europe than elsewhere in the world. It also calls for introducing the requirement of taking into account the EU’s strategic interests.

Full Content: Bloomberg

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