EU mulls tougher rules for Chinese state-aided companies on European buying spree - source
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BRUSSELS (Reuters) - European Union antitrust regulators want more power to investigate Chinese companies benefiting from state subsidies seeking to acquire EU firms because of the distortive effect of such aid, a person with familiar with the matter said on Friday. The move comes as officials worry about Chinese and other foreign companies acquiring European champions with cutting edge technologies, especially those weakened by the coronavirus pandemic. The European Commission, which can vet..