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EU's Merger Guidelines: Von der Leyen vs. Ribera
Description
European Commissions Merger Guidelines: A Tale of Two Visions - The European Commissions revised merger guidelines, a 100-page manual, reflect a divide between President Ursula von der Leyen and Competition Chief Teresa Ribera. The guidelines aim to balance antitrust protections with support for European champions, as Germany and France push for homegrown giants. Von der Leyen advocates for growth and innovation, while Ribera emphasizes market competition and preventing power grabs. The guidelines, now open for public input, allow firms to pitch deals as beneficial for innovation or resilience, but officials maintain broad discretion. The true direction will be determined by real-world cases.
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