A PYMNTS Company

EU: Vestager calls for more competition in Greece

 |  September 16, 2018

Competition in the markets needs to be enhanced to show to people that the game is played on equal terms, EU Commissioner Margrethe Vestager said on Thursday while addressing the Greek parliament, according to Greek national news agency AMNA.

The European official was on a one-day visit to Athens to brief the Greek MPs about the Commission’s work on enhancing competition in many sectors.

Regarding state subsidies and their control,  she said that the Commission’s aim is to avoid distortions in trade between countries and to guarantee that competition operates in a way that both small and large players behave in a fair way.

“When citizens and businesses pay taxes, they need to feel that the big player will have to adhere to the competition rules and that he pays like anybody else,” she explained.

“We do our best to ensure that just as small and large companies are operating on the right terms, so do companies such as Google and Amazon. In the EU, the rules must be respected by all, and this is the EU’s rule of justice,” the European commissioner stressed.

Full Content: XinhuaNet

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.