More competition good for growth

Sep 4, 2013

The road to growth and job creation is paved with higher competition, says the business and growth minister, Henrik Sass Larsen (Socialdemokraterne).

Efforts to improve competition, such as an elimination of chemists’ monopoly on the sale of prescription drugs, would result in lower prices and force companies to become more efficient, Larsen said.

“Why should I pay twice as much for a product when I could have it for half the price?,” the business minister asked.

Larsen’s comments put him line with the recommendations of a government-seated panel looking into ways to improve competitiveness.

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More competition good for growth

New US Arctic security strategy co-opts Denmark as Russia deterrent

Anti-whaling activist and Greenpeace co-founder Paul Watson arrested in Greenland

Migratory birds bring dangerous ticks to Denmark

Planes grounded in CPH as worldwide IT outage hits airlines, media and banks

CrowdStrike director: IT outage issue “has been identifed”

Foreign labour contributes DKK 76 billion to Danish economy in three months

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