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Image header Agence Europe
Europe Daily Bulletin No. 10551
ECONOMY - FINANCE - BUSINESS / (ae) competition

Almunia says competition is spur to industrial growth

Brussels, 10/02/2012 (Agence Europe) - Keeping an open common market in Europe that is competitive and dynamic, preventing any type of abuse and restricting state aid to areas where it can encourage innovation and industrial competitiveness is the mantra outlined by EU Competition Commissioner Joaquin Almunia in a speech in Paris on Friday on “Industrial Policy and Competition Policy - Quo Vadis Europa.”

At a time of financial crisis, lack-lustre growth and the fear of companies leaving...

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