Vestager defends EU merger rules, says competition creates strong companies [Reuters]
Stellantis N.V. Common Shares (STLA)
Company Research
Source: Reuters
best way to create companies strong enough to compete with U.S. and Chinese rivals is to foster competition. Vestager's comments came a day after former Italian Prime Minister Enrico Letta in a 147-page report urged a reboot of the EU single market to catch up with the United States, China and other rivals in a global race in new green and digital technologies. Former ECB president Mario Draghi, mandated by European Commission President Ursula von der Leyen to come up with proposals to revitalise the EU's economy, is expected to echo the same sentiments in a report due in June. "If you ask me, when you have a beautiful tree, admire it, cherish it, hug it once in a while and you will see that it will keep growing," she told a conference to mark the 20th anniversary of rules last updated in 2004. "The merger regulation serves businesses and consumers and the European economy as a whole very well. It has protected competition in the single market and by doing so, keeping the mark
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STLA
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- 4/30/24 - Form 6-K
- 4/26/24 - Form 6-K
- 4/24/24 - Form 4
- STLA's page on the SEC website