Posted by Out-Law
By Michael Reich
A new body tasked with proposing reforms to competition law to better support digital companies based in Europe has been set up by the German government.
The Commission Competition Law 4.0 was set up by the Ministry for Economic Affairs. It has been asked to prepare “concrete recommendations for action on European competition law” by autumn 2019.
The mandate for the Commission’s work said: “American and Asian internet services dominate the markets. The seven most valuable companies of t…