Brussels policymakers’ growing emphasis on creating ‘European champions’ could lead to firms gaining monopolistic advantages that would ultimately harm the EU economy, warns the new first vice chair of the European Parliament’s Economic and Monetary Affairs Committee (ECON).
Damian Boeselager (Greens/EFA), co-founder of the European federalist Volt party, told Euractiv in an interview that EU officials’ focus on encouraging firms to “scale up” risks pushing the bloc’s competition policy “in a completely wrong direction.”
Read the full article here: https://www.euractiv.com/section/economy-jobs/interview/econ-vice-chair-boeselager-plans-for-european-champions-akin-to-government-capture/
