EU: Macron wants tougher anti-monopoly rules

On Tuesday French President Emmanuel Macron said he would campaign to toughen European antitrust rules in European parliament elections next year, reported Reuters.

“I need a stronger antitrust arsenal,” the French president told an audience of business founders in a large start-up incubator that has become a flagship for his administration’s ambitions to reinvent France as a plugged-in “start-up nation”.

“It has already started,” he said, praising EU antitrust chief Margrethe Vestager, who has imposed large fines on U.S. companies such as Google. “She was extraordinarily brave and has worked on extremely important cases to fight abuses,” he said.

“I am in favor of going further and, during the European election campaign, I will make very strong proposals to that effect,” he added, without elaborating, reported Reuters.

Full Content: Reuters

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