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FOREWORD: EUROPEAN COMPETITION POLICY - EUROPEAN COMMISSION - MERGER CONTROL - DIGITAL ECONOMY - EFFICIENCY - REFORM

Competition policy and strategic interests of the European Union

At the request of the Minister for Economic Affairs and Finance, the Inspectorate-General for Finances and the General Council of Economics issued a report on reforms that could make competition policy more effective, in view of outlining the future European Commission’s agenda. These considerations are motivated by two elements inscribed in a recent context: 1) competitors, newly arrived on the market, that don’t move according to the same rules as European companies, particularly in terms of public subsidies and 2) the emergence of digital platforms. The assignment has thus assessed various scenarios of competition policy’s evolution and put forward proposals to better take into account the new environment. The authors are solely responsible for these proposals, made within the scope of their assignment.

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Two main factors have transformed the European competitive environment in recent years: on the one hand, the rise of digital platforms that have sometimes acquired a "systemic" character - this is the case of Amazon and Google, for example - and, on the other hand, the threat, immediate or distant, posed to European companies by certain players not operating according to the same rules as them, with the support, particularly financial, of their home countries. Chinese companies come to mind, of course. These two factors prevent the establishment of a level playing field allowing competition between competitors on the basis of merit'. In response to a

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Authors

  • French General Inspectorate of Finance (Paris)
  • French General Inspectorate of Finance (Paris)

Quotation

Anne Perrot, Victor Blonde, Competition policy and strategic interests of the European Union, September 2019, Concurrences N° 3-2019, Art. N° 91096, pp. 2-4

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