The EU’s antitrust chief Teresa Ribera is under pressure to set out her vision for competition policy, with frustrated officials and dealmakers pressing for more certainty over what could be the biggest overhaul of merger rules in decades.
Nine months after taking office with instructions to shake-up merger control to make way for “European champions”, the Spanish socialist has yet to indicate whether she will break significantly from the EU’s traditional antitrust approach.
The lack of clear direction has sown uncertainty over potential deals, according to industry executives and lawyers who are waiting for signs from Brussels before advising boardrooms on investment decisions.
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