‘Pro-growth’ M&A policing is a misnomer
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Reuters
4.4 • 58 Ratings
🗓️ 27 March 2025
⏱️ 26 minutes
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| 0:30.2 | The views expressed on this podcast are those of the participants, not of Roger's |
| 0:35.4 | News. |
| 0:39.8 | It does feel to me like corporate power and a lack of competition is definitely not less of a problem than it was 20 or 30 years ago, |
| 0:48.7 | but the discussion around the competition agencies is almost like the opposite is true. |
| 0:58.0 | Like this has become terrible, you know, there's been this like war on mergers. |
| 1:01.4 | We need to kind of somehow this is going to unleash growth. |
| 1:03.9 | And I just find that a little bit troubling as a kind of, you know, |
| 1:06.9 | maybe more of a kind of classically inclined trust buster kind of watcher. |
| 1:15.3 | CEOs have had a formidable foe in antitrust regulators in recent years. |
| 1:21.3 | Marguerite's vestiger in Europe and Lena Khan in the US were keen to flex their muscles |
| 1:26.1 | when it came to blocking deals that they felt could |
| 1:28.7 | drive up prices or harm smaller companies. But in the past year, there has been a changing of the |
| 1:34.8 | guard in America, the UK and Europe, and they all have one thing in common. A more hospitable |
| 1:41.1 | attitude towards deals. Or at least that's what bankers hope. |
| 1:45.0 | Whether it's the UK's drive for growth |
| 1:47.0 | or Europe's ambition to create companies |
| 1:49.0 | that can compete with international rivals, |
| 1:51.0 | it looks like deals that may have been blocked in the past |
... |
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