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Tag Archives: Innovation & Competition Policy

How e-commerce reshapes markets and firms’ strategies

The development of e-commerce has affected both demand and supply fundamentals of markets, changing the way competition works. In the effort to develop a frictionless and welfare maximizing digital single market across the EU, it is necessary to carefully review the disruptive forces on e-commerce on markets and firms’ strategies. By: Georgios Petropoulos Date: May 7, 2018 Topic: Innovation & Competition Policy Online...

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Collaborative Economy: Market Design and Basic Regulatory Principles

Despite the efficiencies and benefits associated with the collaborative economy, there are concerns about how it can be properly regulated. The difference in regulatory regimes for online and offline services can lead in some cases to situations of unfair market competition. By: Georgios Petropoulos Date: April 16, 2018 Topic: Innovation & Competition Policy Recent technological developments in information technologies...

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State aid and tax rulings: Clarifying the European Commission’s approach

State aid is considered illegal under EU law. However, more clarity over the main characteristics of tax measures that can constitute state aid is needed when we look at the way the European Commission is dealing with specific cases. By: Georgios Petropoulos Date: April 12, 2018 Topic: Innovation & Competition Policy State aid is defined as an advantage in any form whatsoever conferred on a selective basis to undertakings...

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Are European firms falling behind in the global corporate research race?

The author looks at how concentrated corporate R&D is in Europe, compared with sales and employment. The US and China are more likely to produce new R&D leaders that take over some of the top positions from incumbent R&D leaders. How is the EU coping with technology shifts and creating the next generation of new leading firms? By: Reinhilde Veugelers Date: April 12, 2018 Topic: Innovation & Competition Policy...

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The growing presence of robots in EU industries

While it is always tempting to try to predict future patterns in the automation of European industries, it is also insightful to assess key dimensions of their robotisation so far, starting from the pre-AI era. This article presents evidence on the use of industrial robots by European industries from 1993 and onwards. By: Georgios Petropoulos Date: December 20, 2017 Topic: European Macroeconomics & Governance The author is...

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Network Sharing and 5G in Europe: The Potential Benefits of Using SDN or NFV

What technological, economic, and regulatory policy implications might flow from the use of Software Defined Networks (SDN) and Network Function Virtualisation (NFV) technologies, and what are the interactions among these different dimensions? The authors explore the application of SDN/NFV technology to achieve greater flexibility as to how communication networks are used. This publication was originally published by DigiWorld Economic Journal Software Defined Networks...

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An innovation deficit behind Europe’s overall productivity slowdown?

Reinhilde Veugelers' chapter in "Investment and Growth in Advanced Economies", conference volume of the European Central Bank’s Forum on central banking in Sintra. By: Reinhilde Veugelers Date: October 2, 2017 Topic: European Macroeconomics & Governance Europe maintains lofty ambitions for building its future prosperity and safeguarding its social model through innovation. An ambitious target of devoting 3% of GDP to...

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Can roaming be saved after Brexit?

The referendum where UK voters chose to exit the European Union has many unanticipated consequences. One that is gaining visibility in the UK just now is the impact of Brexit on mobile roaming arrangements. How might the UK maintain roaming arrangements with the EU in the event of a hard Brexit? The referendum where UK voters chose to exit the European Union has many unanticipated consequences. One that is gaining visibility in the UK just now is the impact of Brexit on mobile roaming...

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Capital Markets Union and the fintech opportunity

Fintech has the potential to change financial intermediation structures substantially. It could disrupt existing financial intermediation with new business models empowered by intelligent algorithms, big data, cloud computing and artificial intelligence. Policymakers need to consider four questions urgently: Develop a European or national fintech market? What regulatory framework to pursue? Should supervision of fintech be exercised at the European level? What is the overall vision for the...

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Remaking Europe: the new manufacturing as an engine for growth

Bruegel Annual Meetings 2017 The Annual Meetings are Bruegel’s flagship event. They offer a mixture of large public debates and small private sessions about key issues in European and global economics. In a series of high-level discussions, Bruegel’s scholars, members and stakeholders will address the economic policy challenges facing Europe. Speakers: Carlos Sallé Alonso, José Antonio Álvarez Álvarez, Agnès Bénassy-Quéré, Pervenche Béres, Matthias Buck, Grégory Claeys,...

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