10:03 AMBloomberg Markets
Can Mergers Close Europe’s Tech Gap?
Summary
The European Union is revising its merger rules for the first time in two decades, with the aim of enabling larger technology companies to compete with US firms. The changes raise questions about how regulators will balance industrial scale, investor interests, and competition.
The decisive shift is that EU competition policy may give more weight to global competitiveness
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Europe is testing whether looser merger scrutiny can create globally competitive technology companies without sacrificing competition.