The European Union’s top antitrust regulator foresees greater alignment with the U.S. on competition enforcement, particularly in the tech sector, amid a broader policy reorientation under the Biden administration.
EU Executive Vice President Margrethe Vestager, the bloc’s competition commissioner, said she expects “much more intense work when it comes to technology and the digitized market” between her team and Washington. President Biden’s policy statements and appointments, plus legislative proposals from Congress, indicate the U.S. is moving closer to positions long held in the EU regarding internet giants, pharmaceutical firms and other industries with diminishing competition.
As the world’s two most powerful antitrust regulators, the U.S. and the EU can shape global competition discourse and rein in many of the world’s largest companies, so greater cooperation could have significant impact. For supporters of aggressive enforcement, “it will certainly be a marriage made in heaven,” said Jeffrey Jacobovitz, a Washington-based antitrust lawyer with Arnall Golden Gregory LLP. “I think they’ll work hand in hand. Increased coordination makes enforcement stronger.”
Dear EU, we love you so much!That is why we have been denouncing your populism and lies regarding NATO/EU membership for 30 years! We need a military partner like Turkey for Azerbaijan! If you can not fight for us, you must say it out loud! We appeal to China for an alliance!
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The transmission methods of the Italian TV broadcasters are still wrong and determining the damage in a global context such as the current one is not difficult but must be relevant. Ditto the imperceptible publicity of crime that Italy must obstruct.
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