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6/19/06

Forbes.com: EU's Kroes concerned by 'renewed vigour' of protectionism

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EU's Kroes concerned by 'renewed vigour' of protectionism

BRUSSELS (AFX) - EU competition commissioner Neelie Kroes said she is concerned by the 'renewed vigour' of a trend towards protectionism in Europe. Speaking in Vienna, Kroes said: 'It is something that is always lurking in the background of the European project but it is something which has had renewed vigour and attention recently. I am naturally concerned when, in a few well-publicised cases, action has been taken by national governments or authorities to hinder (cross-border mergers).'

She said the commission stands ready to 'tackle any unjustified interference'.

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