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74 pct of EU citizens view competition as positive: survey

Xinhua, March 17, 2015 Adjust font size:

The results of a survey published by the European Commission on Monday revealed that the majority of EU citizens have positive views about the effects of competition.

According to the survey, 74 percent of EU citizens said that competition had a positive impact on them but think that sectors facing a lack of competition were energy, followed by transport, pharmaceuticals and telecoms.

More than four in five respondents (86 percent) agreed that competition between companies allows for more choice for consumers, while 12 percent disagreed.

Moreover, Europeans mostly agreed that competition between companies encourages innovation and economic growth.

The survey, at the request of the European Commission's Directorate-General for Competition, was carried out by phone among 26,549 citizens in 28 EU member states by an independent market research company in September 2014.

It aimed to measure EU citizens' perceptions about EU competition policy. Endit