Business leaders around the world fear protectionism is on the rise, with an increasing number seeing merger and acquisition deals blocked by local rules, DJ reported from London. A survey of 286 leading global executives carried out by the Economist Intelligence Unit and published yesterday, found just over 50% of those surveyed believe protectionism is rising “significantly or moderately” in developed markets, with just 16% seeing it as falling. One in 5 of those interviewed for the survey said they have seen a proposed investment deal blocked by local trade and investment rules in the past 3 years.

Interesting to see protectionism redefined to include FDI via M&A.