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European Commissioner Executive Vice-President Margrethe Vestager talks during a video press conference at the EU headquarters in Brussels, Wednesday, June 17, 2020. (Kenzo Tribouillard, Pool Photo via AP)

EU seeks to rein in competition from foreign rivals

Jun. 17, 2020 10:03 AM EDT

BRUSSELS (AP) — The European Union unveiled plans Wednesday to fight unfair competition from foreign companies backed by powerful non-EU trade rivals amid China's growing influence in the bloc's single market. With its project, the EU's executive arm intends to tackle what it calls the “distortive...