The dominance of US firms and Chinese companies in the digital world has sounded the alarm bells in Europe. EU and national officials have agreed that the competitiveness of European firms requires a comprehensive strategy that goes beyond easing the b...
After the dispute between Paris and Warsaw, following Poland's cancellation of an Airbus contract, French President Emmanuel Macron will be visiting the Polish capital in the first months of 2020. The Polish prime minister revealed the topics that will...
The French Ministry of Economy wants to change competition practices and trade policy in Europe. Its proposals also aim to tackle new digital conglomerates. EURACTIV France reports.
European Commission candidate Margrethe Vestager found a lot of common ground with German economy minister Peter Altmaier on Monday (1 April), as the Dane’s campaign appeared to gain momentum.
Less than two weeks after the European Commission blocked the merger of Siemens and Alstom, France and Germany published a joint industrial manifesto on Tuesday (19 February) calling for the EU merger rules to be changed.
Following the rejection of the Alstom-Siemens merger, France and Germany are working on a review of the EU’s competition rules to create European champions capable of competing with US and Chinese multinationals.
The European Commission decided on Wednesday (6 February) to block the merger of Siemens and Alstom, meant to create a European champion in the railway sector, due to the negative impact it would have on the European market and consumers.
European Commission President Jean-Claude Juncker said on Tuesday (5 February) that the institution “will never play favourites” as the EU executive reportedly prepares to reject the Alstom-Siemens merger, despite intense political pressure from France and Germany.
European Commission Vice-President Jyrki Katainen told journalists on Tuesday that he would be “open” to consider changes to update competition law in order to cope with the strong competition of US and China firms, but discarded reforming “entirely” antitrust rules as they worked “well”.
A total of 19 EU governments have proposed updating the EU’s antitrust rules in order to facilitate the emergence of European industrial giants able to face “fierce competition” from the US and China.