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EU competitiveness: Looking ahead [pdf]

commission.europa.eu

1–10 of 53 posts

Re: EU competitiveness: Looking ahead [pdf]

#3

One point that stands out > In fact, there is no EU company with a market capitalisation over EUR 100 billion that has been set up from scratch in the last fifty years

Why would that be an achievement? On contrary it should be seen as an achievement and enabler for competition that this is not the case. Ie. Monopolistic behavior.

Re: EU competitiveness: Looking ahead [pdf]

#4

One point that stands out > In fact, there is no EU company with a market capitalisation over EUR 100 billion that has been set up from scratch in the last fifty years

Why would that be an achievement? On contrary it should be seen as an achievement and enabler for competition that this is not the case. Ie. Monopolistic behavior.

It’s not listed as an achievement. It’s listed as an issue

Re: EU competitiveness: Looking ahead [pdf]

#6
post #4

Earlier quoted context omitted.

Why would that be an achievement? On contrary it should be seen as an achievement and enabler for competition that this is not the case. Ie. Monopolistic behavior.

It’s not listed as an achievement. It’s listed as an issue

I am aware of that. And I am criticizing it.

Re: EU competitiveness: Looking ahead [pdf]

#8
post #5

One point that stands out > In fact, there is no EU company with a market capitalisation over EUR 100 billion that has been set up from scratch in the last fifty years

Those poxy anti monopoly laws seem to be working.

yeah but are they? it's not like there are five European search providers competing equally for the users. On the other hand, there's a bunch of quasi monopolies, e.g., Lufthansa on many routes in Germany after other airlines collapsed, or Datev for accounting (which interestingly you can't even buy but have to go through a tax advisor).

Re: EU competitiveness: Looking ahead [pdf]

#10
800 billion euro per year and that on top of other needs like green initiatives. How are they going to finance such investments? EU banks don’t have capital and foreign borrowers will ask steep rates which will impact European borrowing costs and extinguish economic activity even more.

The simple truth is Europe cannot afford such programs.

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