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Competition: Annual report shows how competition policy helps unlock potential of EU Single Market
EU News 258/2013
IP/13/472
Brussels, 28 May 2013
The European Commission's 2012 report on competition policy shows that without an effective European competition policy, the internal market cannot deliver its full economic potential. Private barriers to trade and competition would risk replacing the public barriers to free movement that have been painstakingly dismantled. Subsidy races would risk wasting precious budgetary resources, distorting competition between companies established in different Member States.
Source and additional information:
http://europa.eu/rapid/press-release_IP-13-472_en.htm?locale=en