I'm with you on this. I feel like too much boogye-man-ing and FUD scaremongering is taking place on the cover of "China evil and has giants" in order to justify breaking anti-monopoly laws and allowing our own monopolies to form under this justification, that will only benefit shareholders of those companies but eventually harm European consumers via lack of innovation due to lack of competition, price gouging and the European workers via the inevitable layoffs that follow such mergers.

If you have two large, slow, bureaucratic and uncompetitive companies, then merging them together won't make the resulting giant less so, but the contrary, it'll be even more inefficient and uncompetitive, and then expect government bailouts because now they're too big to fail.

You either believe that monopolies produce worse products or you don't.

If you believe it, the "I know they are bad" -> "but we need to complete with the boogie man" -> "we need to build our own monopoly" argument is just confusing. So we should make worse products to be competitive?

If you don't believe it, you should be explaining why monopolies make better products, not arguing that desperate times call for desperate abandonment of logic.