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Germany, France and other European countries have long complained that Ireland's tax structure has distorted competition.
But the watchdog decided not to recommend ending "free if-in-credit" accounts as it "saw no convincing evidence that their prevalence distorted competition".
During a visit to Mr. Wen's home city, Tianjin, outside Beijing, she made it clear that Chinese companies needed to recognize that subsidies distorted competition and violated European law.
They will try to exploit confusion marketing, and where confusion reigns people tend to turn to what they know, usually their bank.' The system for dispensing financial advice was reviewed after a report to the Treasury in 1999 by the director-general of Fair Trading, which concluded that polarisation restricted or distorted competition by preventing innovation.
It had "acted decisively and urgently" and believed the bail-out had not distorted competition, the court heard.
Similar(55)
Secondly, it distorts competition and free markets.
They harm businesses by distorting competition.
It also damages the economy by distorting competition.
Not surprisingly, he is worried that help for banks could distort competition.
Private banks say mutuals distort competition and prevent them earning a decent return.
Yet doing so threatens to distort competition, giving rivals fair grounds to complain.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com