EU regulators are seeking feedback about a possible new power to investigate businesses and demand changes even when no competition rules have been broken, in a move aimed at stopping companies from abusing their dominance.
The prospective power underlines a European Commission push for a speedier and a more effective antitrust capability and came after a decade-long battle with Google which rivals said has not resulted in any effective changes.The new initiative would be similar to one introduced by Britain's Competition and Markets Authority three years ago which subsequently led to a shake-up of the UK audit market following an investigation.
"After establishing a structural competition problem through a rigorous market investigation during which rights of defense are fully respected, the new tool should allow the Commission to impose behavioral and where appropriate, structural remedies," the EU executive said.
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Fonte: ChannelNewsAsia - 🏆 6. / 66 Consulte Mais informação »