EU Merger Overhaul Risks Overlooking SMEs That Drive Innovation, Economist Warns (euobserver.com)

• EU eases merger rules to foster global champions
• Economist warns of negative impact on SME innovation
• Reform may increase market concentration

"The European Union is loosening merger control rules to encourage the creation of large European companies able to compete globally. However, an economist warns that this reform may overlook the vital role of small and medium-sized enterprises (SMEs) in driving innovation and maintaining Europe's competitive edge, potentially harming the very dynamism it aims to foster."