FT商学院

Mario Draghi confronts the EU’s merger police

Former prime minister of Italy advocates biggest overhaul of competition enforcement since creation of single market

Guidance allowing companies to collaborate with rivals on investment. A regime to police potentially worrying mergers after they are approved, rather than before. New principles to vet corporate tie-ups on an EU-wide basis, instead of reviewing market power at the national level.

Of all the 400 pages of Mario Draghi’s report on European competitiveness,