By Jean Comte ( June 1, 2026, 13:42 GMT | Insight) -- The EU lacks large companies able to compete globally, and its competition rules should not seek to prevent business scaling up, according to a draft European Parliament document. The non-binding annual competition report, set to be adopted officially on Wednesday, warns at the same time that "not all EU companies are in need of scaling up."EU competition law should not create "unnecessary obstacles for companies that need to scale up in order to compete globally," according to a final draft of the European Parliament's annual report on competition, seen by MLex....
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