French interventions irk Brussels, Berlin

  • 2003-08-21
  • Laurent Barthelemy
AFP BRUSSELS - Thanks to a spate of interventions in failing companies, including most recently in engineering giant Alstom, France is fast emerging as the black sheep for the European Union's competition watchdogs.Paris has repeatedly tested the patience of the European Commission, the EU's executive arm, which is charged with the important but delicate task of ensuring that money thrown at a company by a member state does not amount to an unfair subsidy that disadvantages rival firms.The competition directorate of Commissioner Mario Monti has already launched investigations into French st...
 
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