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Consumer impact should be focus of EU dominance-abuse rules as new risks develop, Ribera says

By Lewis Crofts, Nicholas Hirst, Natalie McNelis and Andrew Boyce ( November 12, 2024, 19:53 GMT | Insight) -- The EU could focus more on using its powers to stop market abuse as industries risk harming consumers in the development of new products and services in areas such as digital, energy and food, Teresa Ribera said. The commissioner designate for EU competition policy also said that more guidance could be given for instances where companies deploy such power “exploitatively.”The EU could focus more on using its powers to stop market abuse as industries risk harming consumers in developing new products and services in areas such as digital, energy and food, Teresa Ribera said. ...

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