The Italian Economy Has Been Held Back

It Is Rather Unusual For Italy To Be At The Forefront Of Pro-market Initiatives.

Europe Has To Avoid Old Prejudices And New Ones. That Means North Versus South, Rich Versus Poor.

There Is No Government In Europe Where Ministers Go Through That Kind Of Confirmation Process, Which In Fact Is Modeled On The Way The U.s. Cabinet Members Are Confirmed.

This Is Certainly Not The First Case In Which A Merger Approved In One Place Hasn't Gone Through In The Other. There Was A Case Last Year Where The Merger Between Two Eu Companies Was Approved Here And Blocked In The U.s.

I Have The Most Profound Respect For The Department Of Justice And The Ftc. We In Europe Are A Younger And I Would Say Junior Institution To The Historical Antitrust Experience Of The Us.