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Distortion risk from state-backed companies calls for broader EU competition law, Dutch government says

By Lewis Crofts and Natalie McNelis ( December 4, 2019, 11:42 GMT | Insight) -- Large companies backed by foreign governments such as China risk distorting markets in Europe, and EU competition law should be expanded to deal with the threat, the Dutch government has proposed. In a policy paper, the Netherlands suggests that companies dosed up on foreign aid or exhibiting unbridled market power should be “subject to stricter supervision.”Large companies backed by foreign governments such as China risk distorting markets in Europe, and EU competition law should be expanded to deal with the threat, the Dutch government has proposed....

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