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Competition must go back to basics in times of crisis, Vestager says

( May 5, 2023, 08:35 GMT | Official Statement) -- MLex Summary: Competition enforcement must not change its principles when faced by short-term crises, but should instead “go back to basics,” according to the EU’s antitrust boss. Margrethe Vestager said today at a conference in Stockholm: “Lately, there is a narrative emerging around crisis and competition. Even though it isn't always said openly, it goes a little like this: in this new crisis environment, in the new world order, we need to sacrifice our principles — including our commitment to fair and open competition.”The speech follows....

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