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Brussels wants to relax competition rules

2021-11-18T19:33:35.919Z


The European Commission is reviewing state aid to accelerate the green and digital transition. Review competition policy to " adapt it to new challenges", whether it is the globalization of markets, the pandemic or green and digital transitions. This is the mantra of the European Commission, which has just presented the main lines of the revision of the rules, more than twenty, of competition. No revolution but a certain evolution. " We are reviewing the rules of competition with an ambiti


Review competition policy to "

adapt it to new challenges",

whether it is the globalization of markets, the pandemic or green and digital transitions.

This is the mantra of the European Commission, which has just presented the main lines of the revision of the rules, more than twenty, of competition.

No revolution but a certain evolution.

"

We are reviewing the rules of competition with an ambition never displayed in the past

", welcomed Margrethe Vestager, vice-president of the executive, in charge of competition.

An open door

The message mainly targets Paris and Berlin, whose pressure after the veto on the merger between Alstom and Siemens is at the origin of the exercise.

But their demand for greater flexibility allowing the creation of European champions, capable of competing with Chinese or American rivals, has been little heard.

Margrethe Vestager considers competition policy sufficiently flexible, and defends its application

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Source: lefigaro

All news articles on 2021-11-18

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