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Germany to push for ‘market investigation’ tool under next EU Commission

By Lewis Crofts ( February 29, 2024, 12:09 GMT | Insight) -- EU enforcers should get new tools to break open entrenched markets and introduce more competition into sectors such as energy, transport, semiconductors and cloud computing, according to the German government. Berlin will push for the next European Commission, which takes office this year, to draw up this new legislation, and it also wants a fresh look at laws on mergers and damages litigation, said Sven Giegold, the State Secretary at the Federal Ministry for Economic Affairs.EU enforcers should get new tools to break open entrenched markets and introduce more competition into sectors such as energy, transport, semiconductors and cloud computing, according to the German government....

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