EU Competition Policy

The EU is a major industrial force and European products are renowned worldwide for their quality and tradition - But what drives this success ❓ The secret lies in a few quality ingredients:  🎓 Investment in education  🚧 Strong public infrastructure  🌐 An outward focus And…the EU’s best asset, a dynamic single market 📈 A vital part of this single market is the EU State aid policy 🏛 EU State aid rules keep the single market together and protect your tax money. They ensure public funds go where the market falls short, promote balanced growth across the EU, and prevent wasteful spending and subsidy races. EU Competition policy and its rules guarantee a fair and open EU single market where EU companies can thrive and build international competitiveness. Watch our animation to learn more about how EU Competition Policy helps the Single Market work for people 👇  https://lnkd.in/gVad-Bz3 #EUSingleMarket #EUStateAid #EUCompetition

The European Commission has adopted an amendment to the Guidelines on Regional State aid to allow Member States to grant higher amounts of regional aid for investment projects covered by the Strategic Technologies for Europe Platform ✔ 👇 🎯 The STEP aims to support the development and manufacturing of critical technologies relevant to the EU's green 🌲 and digital 👨💻 transitions, as well as the EU's strategic sovereignty. You can read all the relevant information ⬇ 🔗 https://europa.eu/!fB779R #EUStateAid #STEP #StrategicTechnologies #Green #Digital

🔴 The European Commission has approved, under EU State aid rules, a €2 billion Italian measure to support STMicroelectronics in the construction and operation of an integrated chip manufacturing plant for Silicon Carbide power devices in Catania, Sicily ✔ 📌 The measure will strengthen Europe's security of supply, resilience and digital sovereignty in semiconductor technologies, in line with the objectives set out in the European Chips Act Communication. The measure will also contribute to achieving the digital and green transitions 🌲 👩💻 For all information ⬇ europa.eu/!7QyQ8x #EUStateAid #MicroChip #Italy #Sicily

🔴 The European Commission has unconditionally approved the acquisition by KKR & Co. Inc. of NetCo under the EU Merger Regulation ✔ The Commission concluded that the transaction would raise no competition concerns in the European Economic Area (‘EEA'). ℹ Today's decision concerns the acquisition by KKR of NetCo, which comprises the primary and backbone fixed-line network business of Telecom Italia S.p.A. (‘TIM') as well as FiberCop S.p.A. FiberCop is a joint venture between TIM and KKR comprising TIM's secondary fixed-line network. More information 👇 🔗 https://europa.eu/!CgNBG3 #EUMergerControl #KKR #NerCo #Telecom #TIM

Earlier this month, the fifth episode of the Markets for People debate series took place in Aarhus, Denmark 📺 ⬇ Great debate and insightful exchanges among our speakers on the topic “This is why we need competition policy” 🤝 🎙 Michael Svarer 🎙 Jakob Hald 🎙 Sofie Carsten Nielsen 🎙 Nina Z. Munch-Perrin Check out the highlights video of the event below 👇 https://lnkd.in/gZ9Pwt7W For more information about the Markets for People debate series👇 https://europa.eu/!8WMc8g Central Denmark EU Office Aarhus University Konkurrence- og Forbrugerstyrelsen Institut for Økonomi, Aarhus Universitet #MarketsForPeople #Aarhus #Vestager #EUCompetition

Here you can read the remarks by Executive Vice-President Margrethe Vestager on the State aid approval of two Important Projects of Common European Interest “Hy2Move” and “Med4Cure” 👓 ⬇ 🗣 "IPCEIs are special because they are truly European. They facilitate cross-border collaborations 🤝 . They enable Member States to pool financial resources. The 10 projects approved so far show that joining forces can make a real difference. Not only for the industries involved, but for the ecosystems created, and by doing so for all Europeans". 📜 👇 🔗 https://europa.eu/!ndtXm4

🔴 The European Commission approves today two Important Projects of Common European Interest (IPCEI) ⬇ 📌 €1 billion of State aid by six Member States for the first IPCEI to support research, innovation and the first industrial deployment of healthcare products, as well as innovative production processes of pharmaceuticals. The project, called ‘IPCEI Med4Cure', was jointly notified by: Belgium, France, Hungary, Italy, Slovakia and Spain. For more information on IPCEI Med4Cure 👇 🔗 https://europa.eu/!7DYYtR 📌 €1.4 billion of State aid by seven Member States for the fourth IPCEI in the hydrogen value chain. The project contributes to the EU's target of 90% reduction of emissions from the mobility and transport sectors, in order for the EU to become climate-neutral by 2050. The project, called ‘IPCEI Hy2Move', was jointly prepared and notified by seven Member States: Estonia, France, Germany, Italy, Netherlands, Slovakia and Spain. For more information on IPCEI Hy2Move👇 🔗 europa.eu/!mYyfVf #IPCEI #Med4Cure #Hy2Move #healthcare #hydrogen

The Competition Committee of Business at OECD (BIAC) recently held a webinar with the International Bar Association on 👇 📌 "Ecosystem Theories of Harm: A Deeper Dive" 📽 The panel recording is now available here below ⬇ #EUCompetition #OECD #IBA

Register now for the "Fifty Years of the Brussels-New York Connection" Conference on June 5, 2024, in Brussels ⬇ ⏳ Secure your spot, last places available! https://europa.eu/!yCc6Cv 🌐 Explore the essence of transatlantic relations in competition policy and enforcement. We'll delve into our historical journey, recent developments, and their impacts on the broader policy landscapes in Europe and the US. Want to be part of the conversation❓ Don't miss this opportunity to engage with diverse perspectives and help shape the transatlantic dialogue. #EUCompetition #50YearsBrusselsNewYork #TransatlanticDialogue #CompetitionPolicy

💬 "The EU Single Market is about bringing to EU citizens the largest variety and lowest prices that the market has to offer. And with this case, the Commission has worked hard to make it happen for your beloved chocolate, biscuits and coffee products" ✅ The European Commission has fined Mondelēz International, Inc. €337.5 million for hindering the cross-border trade of chocolate, biscuits and coffee products between Member States, in breach of EU competition rules. Listen to DG Competition Head of Unit for Antitrust in Agriculture, Food & Fast-Moving Consumer Goods Philippe Chauve, explaining the rationale behind this decision 👇 📽 https://lnkd.in/e9WKsCA9 #EUCompetition #EUAntitrust #Mondelez