Mario Monti, the European Union's Commissioner for Competition Policy, is often in the spotlight, usually to popular acclaim. Over the years, he has won important victories limiting state aid to business, one of Europe's most pernicious economic maladies. Today, however, the benefits derived from his achievements are at risk because of a series of stunning courtroom defeats. With a competition case against software giant Microsoft seemingly in the offing, Commissioner Monti will need to rediscover his footing fast.
Mario Monti, the European Union's Commissioner for Competition Policy, is often in the spotlight, usually to popular acclaim. Over the years, he has won important victories limiting state aid to business, one of Europe's most pernicious economic maladies. Today, however, the benefits derived from his achievements are at risk because of a series of stunning courtroom defeats. With a competition case against software giant Microsoft seemingly in the offing, Commissioner Monti will need to rediscover his footing fast.