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Build 'European champions' with state aid, not mergers, says Valletti

( July 11, 2019, 16:22 GMT | Insight) -- Reminiscing about his work on the Siemens-Alstom rail merger, blocked earlier this year by the European Commission, the EU's outgoing chief antitrust economist called it “one of the great moments, where you're doing something that feels right.” Tommaso Valletti said the EU’s state-aid policy might provide an opening for EU governments to promote the bloc's industry.Reminiscing about his work on the Siemens-Alstom rail merger, blocked earlier this year by the European Commission, the EU's outgoing chief antitrust economist called it “one of the great moments, where you're doing something that feels right.”...

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