It is exactly a year since sweeping reforms of EU competition policy ‘de-centralised’ many of the Commission’s watchdog responsibilities to national authorities and re-focused its efforts on tackling barriers to competitiveness.
What are the implications of Commissioner Kroes’ recent singling out of the financial services and energy sectors for fresh scrutiny, and of her broadside against ‘national champions’?
Is Brussels likely to trigger new international tensions with more vigorous anti-trust activities aimed against global cartels?
Philip Lowe, the European Commission’s Director General for Competition discussed the future of the EU’s competition policy.