Juncker Rejects Gripes That EU Blocks Mergers

www.oann.com | 1/30/2019 | Staff
crazycool12crazycool12 (Posted by) Level 4
BRUSSELS (Reuters) – European Commission President Jean-Claude Juncker said on Tuesday the EU executive was not needlessly blocking corporate mergers, a comment seemingly aimed at complaints in France and Germany over its expected rejection of a merger between Siemens’ and Alstom’s rail businesses.

In a speech to industrialists, Juncker said the Commission had only ever blocked 30 mergers and approved more than 6,000.

Message - Commission - Technocrats

“This is a message for those who are saying that the Commission is composed (of) stubborn technocrats,” he said.

“This shows that we believe in competition as long as it is fair for all. We will never play politics or play favorites when it comes to ensuring a level playing field.”

The German...
(Excerpt) Read more at: www.oann.com
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