EU to relax merger rules in bid to create ‘European champions’

Financial Times: The European Commission will give greater weight to “innovation, investment and resilience of the internal market”, when deciding whether to sign off on deals, according to draft guidelines seen by the FT.

The proposed change would mark the most radical shake-up by Brussels since the 2000s, when competition regulators put the effect of mergers on consumers at the heart of their decisions…

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