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EU takes first step in intervention against Asian state aid

Wednesday this week, Competition Commissioner Margrethe Vestager will take the first major step in the intervention against unfair competition from Asia heralded by the EU. Shipping is among the industries that have complained about the eastern pressure.

Photo: POOL New/REUTERS / X80003

BRUSSELS/COPENHAGEN

The maritime industry needs a better hand in case it senses or detects that state funding is at play when an Asian company makes big acquisitions in important industries in the EU or undermines free competition.

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