A competition policy at the heart of EU’s competitiveness

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Ongoing (updated on 11/07/2024) - Bureau decision date: 15/02/2024
Reference
INT/1063-EESC
Opinion Type
Own-initiative opinion
Rapporteur
Isabel YGLESIAS
Employers - GR I
Spain
Plenary session number
590
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Background

The European economy has declined since 2008, with key sectors such as industry, finance and telecommunications losing global competitiveness. European institutions and actors acknowledged this and proposed initiatives like deregulation, reduction of reporting obligations, speeding up industrial permitting processes, and state aid for key sectors. A comprehensive approach is needed to revive EU competitiveness, requiring a reconsideration of the regulatory framework. Competition policy, particularly market definition, is sometimes criticized for hindering European companies' growth.

Practical information

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