Teresa Ribera’s appointment as the EU’s new Competition Commissioner marks a significant phase for the European Union. Stepping into the role previously held by Margarete Vestager, Ribera will now serve as Executive Vice-President for a Clean, Just, and Competitive Transition. Her appointment comes amidst increasing calls to reassess antitrust enforcement and potentially relax merger controls to bolster the competitiveness of European companies.
For further details, the full text can be accessed here.