Wednesday, April 20

Competition Focus

Gordon Brown, according to The Financial Times, has called for "sweeping reforms to competition policy in the EU", suggesting that an independent authority could take responsibility for investigations into key markets.
This is to be the central part of Labour's forthcoming business manifesto, to be published next week. It argues for competition policy at a Europe-wide level to be set independently of any political influence.
The Labour Party business manifesto will say: "We will propose that European competition policy is more pro-actively focused on driving up competition."
Well EU competition policy could hardly be any less so focused at the present !

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