EU Competition Commissioner Warns of More Anti-Cartel Raids, Criticises ‘No-Poach’ Deals

EU Competition Commissioner Warns of More Anti-Cartel Raids, Criticises ‘No-Poach’ Deals
European Commission's executive Vice President Margrethe Vestager delivers a speech during a debate on EU-Taiwan political relations and cooperation at the European Parliament in Strasbourg, France on Oct. 19, 2021. Ronald Wittek/Pool via Reuters
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BRUSSELS—EU enforcers are planning a series of raids against companies suspected of illegal price-fixing, Europe’s antitrust chief warned on Friday, as she also sounded the alarm about competition in labor markets due to “no-poach” deals.

The European Commission last week raided Europe’s largest pulp producers Stora Enso and UPM, and Metsa Board unit Metsa Fibre, the first in two years as the COVID-19 pandemic halted such actions.