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Market behavior shouldn't 'magnify' effects of inflation, EU's Reynders says

By Lewis Crofts ( December 6, 2023, 21:24 GMT | Insight) -- Competitive markets can help cushion the impact of rising costs and inflation, but "other tools" are needed to address some of the sources of the cost-of-living crisis, Didier Reynders said. The EU's competition commissioner said it was important that anticompetitive behavior or high market concentration didn't "magnify" some of these effects.Competitive markets can help cushion the impact of rising costs and inflation, but "other tools" are needed to address some of the sources of the cost-of-living crisis, Didier Reynders said....

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