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Tag Archives: Innovation & Competition Policy

Regulating big tech: the Digital Markets Act

The European Union’s proposed Digital Markets Act will attempt to control online gatekeepers by subjecting them to a wider range of upfront constraints. Digital market forces drive huge efficiency gains. But they also create winner-take-all dynamics that can, left unchecked, lead to monopolistic markets and hurt consumers in the long-run. Slow-moving competition policy tools are ill-equipped to fully address these digital concerns. (1) The DMA was proposed alongside the Digital Services Act...

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A green industrial policy for Europe

A ‘green industrial policy’ able to promote economic growth, job creation and environmental goals altogether will be fundamental to Europe’s climate change ambitions. The European Green Deal aims to make Europe the first climate-neutral continent by 2050. This is not going to be an easy journey. To be successful, the European Green Deal will have to foster major shifts in the European industrial structure, including transitions from fossil fuels to renewable energy and from combustion engine...

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The productivity paradox: policy lessons from MICROPROD

The objective of MICROPROD, an EU-wide research project that runs until the end of 2021, is to understand what is driving the current productivity slowdown and what the potential consequences are for Europe's economic model and its citizens’ welfare. This Policy Contribution summarises the main, policy-relevant conclusions of the 20 MICROPROD papers delivered so far. This Policy Contribution is an output from the MICROPROD project, which received funding from the European Union’s Horizon...

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Has the European Union squandered its coronavirus vaccination opportunity?

The European Union’s purchases of frontrunner coronavirus vaccines are insufficient for the population’s near-term needs. The shortfall could have healthcare consequences and might delay economic reopening. Lessons should be learned for future pandemics. Worldwide progress on the development on safe, effective vaccines against the coronavirus has been impressively fast. Three vaccines have been approved in the EU, the United Kingdom or the United States (Table 1). Given the lack of effective...

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A green industrial policy for Europe

This Blueprint examines how the European Union can develop a coherent green industrial policy that will serve the goals of the European Green Deal. This Blueprint has been produced with the financial support of the European Climate Foundation. The European Green Deal aims to make Europe the first climate-neutral continent by 2050. This is not going to be an easy journey. To be successful, the European Green Deal will have to foster major shifts in the European industrial structure,...

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The new EU digital regulations: Explained

Bruegel's experts walk you through all the details of the EU's Digital Services Act and Digital Markets Act. By: The Sound of Economics Date: December 16, 2020 Topic: Innovation & Competition Policy In this episode of the Sound of Economics, Giuseppe Porcaro is joined by Maria Demertzis, J. Scott Marcus, Georgios Petroupolos, and Mario Mariniello, Bruegel experts on digital policy to delve into the latest EU digital regulations: the Digital Services Act and the Digital...

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Brussels’ Digital Plan Leaves the Key Issue Unaddressed

To promote well-being and shared prosperity, EU decision-makers will need to show the same desire for competition beyond the boundaries of digital markets. By: Mario Mariniello Date: December 14, 2020 Topic: Innovation & Competition Policy This opinion piece was originally published on Euractiv, Rzeczpospolita and Il Sole 24 Ore. On 15 December 2020, the European Commission will publish its proposal to address excessive power in digital markets. Zeroing in on the digital...

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A timid start for European Union data governance

Europe needs all pieces of its data strategy puzzle to be in place to enhance its competitive position: there is still a long way to go. By: Mario Mariniello Date: November 26, 2020 Topic: Innovation & Competition Policy This opinion post was originally published in Domani. The Data Governance Act proposal, published on 25 November 2020 by the European Commission, is a first step along what the Commission envisages as the path towards a common European data space. The act...

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L’IA a besoin d’humains qualifiés

L'adoption des technologies IA repose moins sur des scientifiques de haut niveau que sur des spécialistes des données et des programmeurs compétents qui peuvent mettre en pratique les algorithmes d'apprentissage profond existants à des fins commerciales. This opinion post was originally published in Les Echos. Il est vrai que l’Europe produit plus de doctorats en sciences et en ingénierie que toute autre partie du monde. Mais l’adoption des technologies IA repose moins sur des...

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Europe has an artificial-intelligence skills shortage

How severe is Europe’s dearth of AI talent and how does it compare to the United States, China and the United Kingdom – the world’s AI champions? However intelligent artificial intelligence might be, it still relies on qualified humans, of which there is a notable lack in the European Union. In 2019, German firms spent an average of six months hunting to fill each tech position. The lack of AI skills undermines Europe’s industrial prospects. Without the right training to close the skills gap,...

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