Brussels pledges antitrust overhaul

Euractiv.com reports that the EU executive is promising to make its complex antitrust procedures more transparent in a move designed to make competition cases more predictable for businesses.

The European Commission's competition arm has published a series of documents detailing how antitrust decisions are reached and pledging to help companies engage with the process.

The EU has sweeping antitrust powers and has conducted major inquiries into corporate giants including Intel, Microsoft and a host of energy firms. It has also launched high-profile investigations into competition in the pharmaceutical sector and has the power to block mergers and acquisitions.

Companies under investigation often find the process to be complex and opaque, something the Commission is keen to address.

Read the article here: http://www.euractiv.com/en/enterprise-jobs/brussels-pledges-antitrust-overhaul/article-188641