EU plans to relax merger rules to create “European champions.” Looser antitrust enforcement → larger cross-border mergers approved → fewer competitors in key sectors → stronger pricing power → margin expansion → structural rerating of EU industrials, defense, telecom. This is about scale. Scale drives bargaining power, supply chain control, and political backing. I’m watching deal approvals through 2026 into 2027 and positioning ahead of earnings revisions. The moment Brussels waves through a flagship merger, the repricing starts fast. By the time analysts upgrade forecasts, the easy money is gone. Most accounts are selling noise or engagement. I map the sequence and position early. Follow me or stay late to the trade 📈