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ANALYSIS: EU Proposes Early Intervention in Market Failures

June 4, 2020, 8:35 AM

The European Union’s Competition Commission wants to be more proactive in addressing structural market failures before a dominant firm starts squashing rivals, especially in digital markets. If instituted, the EU’s innovations will likely impact corporate behavior worldwide, given the importance of the European common market in global commerce.

By proposing to intervene in markets before they formally run afoul of EU competition law, the Commission is proposing radical change to how EU markets operate and how they are regulated.

The proposed changes also have interesting policy implications for U.S. regulators, because some of the problems that the EU seeks to ...

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