KROES REVIEW

Keith NuthallTHE ACCOUNTING professions of the European Union (EU) will come under an unusual European Commission review, designed to "identify and remove remaining barriers to free competition". This pledge was made by EU competition Commissioner Neelie Kroes at an Organisation for Economic Cooperation and Development (OECD) forum, in Paris. Announcing a review of both Europe's financial services and energy sectors, Kroes said: "Such barriers could be regulatory, or they could be the result of private practice or even state subsidy". Usually, such assessments ...


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