Henry Farrell answers this question over at Crooked Timber.

The depressing part comes with Nikolas Sarkozy's success at "moving market competition from the list of the EU’s main goals." Henry is undoubtedly less concerned about this than I am, but even he concludes:

I suspect that the main beneficiaries of these changes will be powerful semi-monopolies and national champions with good political connections, which can by no means necessarily be expected to act in the public interest.