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Ribera promises EU merger review ‘evolution’ and faster enforcement in antitrust, state aid

By Lewis Crofts ( October 22, 2024, 23:13 GMT | Insight) -- The EU’s new competition commissioner designate, Teresa Ribera, will ensure that merger review gives the “right weight to the EU economy’s needs” and that investigations into anticompetitive conduct and harmful subsidies go faster, according to answers to questions from the European Parliament. Ahead of a confirmation hearing, Ribera also promised to look at “all options” for capturing “killer acquisitions” and said she would study whether a new tool to break open entrenched markets would improve enforcement.The EU’s new competition commissioner designate, Teresa Ribera, will ensure that merger review gives the “right weight to the EU economy’s needs” and that investigations into anticompetitive conduct and harmful subsidies go faster, according to answers to questions from the European Parliament....

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