The distortive effects that foreign state-owned or state-supported companies can have on European markets and on the European Union’s economic autonomy are starting to worry policymakers. By: Mathew Heim Date: December 18, 2019 Topic: European Macroeconomics & Governance This Policy Contribution considers whether European competition law could be applied more directly to state owned enterprises that create an unlevel playing field in Europe due to the support they receive from their home governments. This issue is now a priority for many Member States and the European Commission given the impact on European economic autonomy. Competition law may not be the appropriate tool for addressing the granting of illegal subsidies or other forms of support in third countries but it may beRead More »
Articles by Mathew Heim
Commissioner Vestager has been given two portfolios; Executive Vice-President for a Europe fit for the Digital Age and Competition Commissioner. While having more than one portfolio may not be new, combining an important policy coordination function and an enforcement function is a novel approach. This raises a number of important questions related to how the objectives of either portfolio can be delivered cleanly.
In her Mission Letters to Commissioner-designate, Margrethe Vestager, the European Commission’s President-elect Ursula von der Leyen, created a series of interrelated issues of that the Members of the European Parliament may well explore during the hearing of Commissioner-designate Vestager scheduled for 8th October. Although the Parliament only has a consultative role inRead More »
French, German and Polish governments have jointly proposed options for modernising EU competition policy. The debate to recalibrate European competition rules was already well underway. So, it is not surprising that proposals are consistent with other statements made by France and Germany. Yet, proposals do not address current issues weighing on the international competition community, such as conglomerate effects theory or algorithmic collusion.
The French, German and Polish governments have jointly proposed options for modernising EU competition policy. While speaking at Bruegel, Bruno le Maire, the French minister of economy and finance, qualified the joint proposal as aiming to initiate a debate between the European Commission and the member states. Of course, the debate toRead More »