Analysis: Competition must increase

The worst seems to be over in Finland’s economy. Based on the European Commission’s report, the profitability of work and industry competitiveness have improved, but there is still much to improve in cost competitiveness. The Commission reminds that industrial companies the majority of their services from Finnish service providers. The report is a direct message to the Finnish government to increase competition. According to the Commission, companies should also contribute to improving competition by cutting their margins. In Finland, the Commission’s report pays attention to the centralisation of retail and construction business, among others. A lot has been done in the public sector but a lot still needs to be done. Furthermore, the Commission directly warns Finland about cuts made in education.

Media:  Kauppalehti (E-edition, PDF) 

Date: 2.3.2016

Journalist: Kaija Ahtela

Main source: –

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