Past Event

Protecting EU firms without protectionism

Do we need more effective support for EU companies, more targeted to threatened sectors of strategic importance to the EU? Do we need to revise our competition policy rules on state aid to allow for a more strategic industrial policy support? Do we need new policy approaches to prepare for a changing global environment?

Date: May 3, 2018, 9:30 am Topic: Innovation & Competition Policy

VIDEO & AUDIO RECORDINGS

EVENT MATERIALS

Presentation by Reinhilde Veugelers

SUMMARY

EU companies are facing a global competitive environment which is rapidly changing, with the danger of turning into a more distorted global level playing field. On the one hand, there is the rapid rise of non-market economies (eg China) with SOEs, state support for private companies & sectors; preferential treatment of national companies in national markets, public support for international expansion of firms. At the same time, there is the rise in market economies of nationalist/protectionist/strategic rhetoric (eg US) to protect their national companies and close their national markets for non-national firms.

What should the reaction of the EU be to these trends? How should it support its companies’ competitiveness on global markets? How open should EU markets be for non-EU firms amidst these trends. A robust innovation and industrial policy is necessary to ensure that Europe, on the back of a better functioning Single Market, can continue to develop its strengths. But do we need more than this? Do we need new policy approaches to prepare for a changing global environment?

The discussion on the policy response is not only politically difficult, but also analytically complex, as it covers a mix of instruments from trade policy, competition policy and industrial policy. Do we need to reform the multilateral trade system, with reciprocity a more prominent component, or do we need to abandon a multilateral trade policy approach altogether and move to bilaterals? Do we need more effective support for EU companies, more targeted to threatened sectors of strategic importance to the EU? Do we need to revise our competition policy rules on state aid to allow for a more strategic industrial policy support? Do we need to revisit our competition guidelines on take-overs, particularly when the acquirer is a non-EU non-market actor in a sector of strategic importance? Is the EU sufficiently coordinating between trade policy, competition policy and industrial policy and between Member States and the EU?

 

Schedule

May 3, 2018

09:30-10:00

Check in and welcome coffee

10:00-11:30

Panel Discussion

Chair: Reinhilde Veugelers, Senior Fellow

Vincent Aussilloux, Director Economics and Finance, France Stratégie

Tomas Baert, Head of Unit – Trade Strategy, European Commission, DG TRADE

Paolo Casini, Economist, Chief Economist Team, DG GROWTH, European Commission

Gert-Jan Koopman, Deputy Director General, European Commission, DG COMP

André Sapir, Senior Fellow

Focco Vijselaar, Chief Economist at the Dutch Ministry of Economic Affairs and Climate Policy

11:30-12:00

Q&A

12:00

End

Speakers

Vincent Aussilloux

Director Economics and Finance, France Stratégie

Tomas Baert

Head of Unit – Trade Strategy, European Commission, DG TRADE

Paolo Casini

Economist, Chief Economist Team, DG GROWTH, European Commission

Gert-Jan Koopman

Deputy Director General, European Commission, DG COMP

André Sapir

Senior Fellow

Reinhilde Veugelers

Senior Fellow

Focco Vijselaar

Chief Economist at the Dutch Ministry of Economic Affairs and Climate Policy

Location & Contact

Bruegel, Rue de la Charité 33, 1210 Brussels

Matilda Sevon

matilda.sevon@bruegel.org

Read about event More on this topic

Past Event

Past Event

Issues in productivity measurement

This Bruegel public event is organised in the framework of MICROPROD, a research project that aims to improve our understanding of productivity, its drivers and the way we measure it. Panellists and participants will take stock of the current challenges in productivity measurement, discuss the preliminary findings of the project and reflect on future research and policy priorities.

Speakers: Maria Demertzis, Filippo di Mauro, Alexandr Hobza, Peter Bøegh Nielsen and Lynda Sanderson Topic: Innovation & Competition Policy Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: December 4, 2019
Read about event More on this topic

Upcoming Event

Dec
10
12:30

Weaponized interdependence: How global economic networks shape state coercion

This event will discuss how states use global economic networks as weapons in geopolitical conflicts

Speakers: Maria Demertzis, Henry Farrell, Abraham L. Newman and Guntram B. Wolff Topic: Global Economics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels
Read article More on this topic More by this author

Podcast

Podcast

How to make the European Green Deal work (Part Two)

Nicholas Barrett and Guntram Wolff discuss industrial policy and the social consequences of the green deal with Grégory Claeys and Simone Tagliapietra.

By: The Sound of Economics Topic: Energy & Climate Date: November 14, 2019
Read article Download PDF

Policy Contribution

How to make the European Green Deal work

Ursula von der Leyen has proposed a European Green Deal that would make Europe climate neutral by 2050. With this Policy Contribution, the authors provide a first analysis on how to make this initiative work.

By: Grégory Claeys, Simone Tagliapietra and Georg Zachmann Topic: Energy & Climate, European Macroeconomics & Governance Date: November 5, 2019
Read article More on this topic More by this author

Blog Post

Work Protection in the Digital Age: Towards a new social contract

Over the past few years, new business models have emerged, empowered by digital technologies. These have disrupted a range of activities, from food delivery and transportation to accommodation and venture capital. Digital companies and their new business models collectively make up the so-called platform or collaborative economy. New forms of work have been created posing the question: How can the social contract catch up?

By: Georgios Petropoulos Topic: Innovation & Competition Policy Date: November 4, 2019
Read about event

Past Event

Past Event

What industrial policy for the European Green Deal?

This event will be a workshop, aiming to look into the design and implementation process of the European Green Deal. Each session will be introduced by three short presentations aimed at launching the discussion among all workshop participants.

Speakers: Jos Delbeke, Bertrand Déprez, Markus Hess, Laura Piovesan, Megan Richards, Simone Tagliapietra, Mary Veronica Tovšak Pleterski, Kurt Vandenberghe and Reinhilde Veugelers Topic: Energy & Climate, European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: November 4, 2019
Read about event More on this topic

Past Event

Past Event

COP 21 RIPPLES: What are the key elements of an adequate global response?

The Dialogue focuses on technology, finance, industrial transformations and the political economy, which are identified by COP21 RIPPLES as key leverage points for triggering transformation.

Speakers: Michel Colombier, Marta Torres-Gunfaus, Henri Waisman and Georg Zachmann Topic: Energy & Climate Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: October 22, 2019
Read article More on this topic More by this author

Opinion

The Case for Intelligent Industrial Policy

Although national industrial policies have a bad reputation, there is a strong case for government support to sectors that will increasingly rely on artificial intelligence. In this regard, the German government’s plan to promote production of electric-car batteries may accelerate an industrial renaissance in Europe.

By: Dalia Marin Topic: European Macroeconomics & Governance Date: October 7, 2019
Read article More on this topic More by this author

Blog Post

Questions to Mariya Gabriel the Commissioner-designate for Innovation and Youth

European Commission President-elect Ursula von der Leyen disseminated her mission letters to commissioner-designates. The letter to the commissioner-designate for Innovation and Youth, Mariya Gabriel, highlights several essential priorities, yet they leave a number of important questions open that I recommend Members of the European Parliament to ask at the upcoming parliamentary hearings of the designates.

By: Reinhilde Veugelers Topic: Innovation & Competition Policy Date: September 26, 2019
Read article Download PDF More on this topic More by this author

Policy Brief

Collective action in a fragmented world

International collective action is in search of a new paradigm. It cannot rely anymore on global binding rules supported by universal institutions. New forms of cooperation have emerged in a number of fields. Europe should equip itself to be an effective player in this new global game. This calls for internal governance reforms.

By: Jean Pisani-Ferry Topic: Global Economics & Governance Date: September 11, 2019
Read article More on this topic More by this author

Podcast

Podcast

Backstage at BAM19: Designing a competition policy fit for Europe's needs.

Backstage at the Bruegel Annual Meetings, Rebecca Christie talks with Mathew Heim on competition policy.

By: The Sound of Economics Topic: Innovation & Competition Policy Date: September 5, 2019
Read article More on this topic More by this author

Opinion

The EU needs a bold climate strategy

Scientists report that global temperature increases must be limited to below 1.5 degrees Celsius. With global greenhouse gas emissions continuing to increase and rising temperatures driving up the frequency of extreme weather events, the world needs a greater commitment to climate policy.

By: Guntram B. Wolff Topic: Energy & Climate Date: July 19, 2019
Load more posts