
EU antitrust policy has long been lauded for protecting against abuses of market dominance and monopolistic price-gouging. But is it stifling the creation of European world-beaters? Sometimes it may be, according to the recent report on reviving EU competitiveness from former European Central Bank governor Mario Draghi. Spain’s Teresa Ribera, nominated as the EU’s new competition chief, has been told to develop an approach “more supportive of companies scaling up in global markets”. It is surely right to ensure EU antitrust regulations are keeping pace with dizzying changes in technology and the global economy. But the aim should be for evolution, not revolution.
長期以來,歐盟反壟斷政策一直被稱贊是抵御市場主導地位濫用和壟斷性價格操縱的手段。但它是否扼殺了歐洲打造世界領先企業的可能?根據前歐洲央行(European Central Bank)行長馬里奧?德拉吉(Mario Draghi)最近發布的有關重振歐盟競爭力的報告,有時可能確實如此。被提名為歐盟競爭事務新主管官員的西班牙人特雷莎?里貝拉(Teresa Ribera)被告知,要制定一種“更支持企業在全球市場擴大規模”的做法。確保歐盟反壟斷法規跟上技術與全球經濟的眩目變化,這無疑是正確的。但目標應該是進化,而不是革命。