Summary:

- The article discusses Mario Draghi's critique of European competition enforcement, arguing that it is not delivering innovation and productivity growth.
- Draghi suggests that European competition policy has been overly focused on protecting consumers through lower prices, rather than promoting innovation and productivity improvements that could benefit consumers in the long run.
- The article suggests that a more balanced approach to competition policy, one that considers both consumer welfare and the broader economic impact, may be necessary to foster innovation and productivity growth in Europe.