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Germany and France push for mega-deals in competition overhaul – POLITICO

With the upcoming arrival of a new Commission, the EU’s two largest economies are preparing to change antitrust rules.

“We must review current European competition rules” to check whether they can allow “consortia and consolidations in key sectors” such as mobile networks or airspace “in order to strengthen European resilience”, declared the two governments in a statement detailing what they think the next European Commission should do over the next five years to boost European growth.

German airline Lufthansa is currently facing opposition from the EU over its proposed stake in Italian airline ITA.

Both governments have also pushed to be able to give more liquidity to favored businesses, successfully lobbying for more room to help businesses weather a series of economic shocks, from Covid-19 to soaring prices energy, despite the concerns of small countries.

They want “a further improvement of the state aid framework” to support private investments and an existing industrial policy subsidy tool “in order to provide targeted support to companies in their transition process, in the most strategic and highly innovative technologies, thereby creating space for European companies to become competitive on a global scale.

This should be part of a wider effort to reduce Europe’s dependence on its trading partners and “make Europe a global leader” in the areas of net zero emissions technologies, artificial intelligence, quantum technologies, space and aeronautics, biotechnologies, robotics, mobility and chemicals, ministers said after the agreement. a meeting during French President Emmanuel Macron’s state visit to Germany.


Sara Adm

Aimant les mots, Sara Smith a commencé à écrire dès son plus jeune âge. En tant qu'éditeur en chef de son journal scolaire, il met en valeur ses compétences en racontant des récits impactants. Smith a ensuite étudié le journalisme à l'université Columbia, où il est diplômé en tête de sa classe. Après avoir étudié au New York Times, Sara décroche un poste de journaliste de nouvelles. Depuis dix ans, il a couvert des événements majeurs tels que les élections présidentielles et les catastrophes naturelles. Il a été acclamé pour sa capacité à créer des récits captivants qui capturent l'expérience humaine.
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