Competition policy is the European Union's biggest success. The reason is simple: decisions in this area have been removed from the jurisdiction of individual nations, thus making them more difficult to influence. The result is that the many lobbies that oppose increased competition, or fight to protect state aid, have been hugely weakened. But has the anti-trust fight gone too far?
Competition policy is the European Union's biggest success. The reason is simple: decisions in this area have been removed from the jurisdiction of individual nations, thus making them more difficult to influence. The result is that the many lobbies that oppose increased competition, or fight to protect state aid, have been hugely weakened. But has the anti-trust fight gone too far?