European Union revamps merger rules to help local firms compete globally
Updated
Updated · Bloomberg · Apr 30
European Union revamps merger rules to help local firms compete globally
13 articles · Updated · Bloomberg · Apr 30
In its first major M&A policy overhaul in two decades, the bloc said it would remove some barriers to creating larger European companies.
The European Commission said shifting geopolitical and trade conditions mean industrial scale and global competitiveness now matter more for European businesses.
The move aims to strengthen EU companies against larger US and Chinese rivals and marks a significant change in the bloc’s long-standing approach to merger control.
Will the EU's new merger rules create global champions or just monopolies that hurt consumers at home?
Can Europe build its own tech giants when US firms continue to acquire its most promising startups?