The legislative proposal follows the adoption of the White Paper in June 2020 and an extensive consultation process with stakeholders. It aims at closing the regulatory gap in the Single Market, whereby subsidies granted by non-EU governments currently go largely unchecked, while subsidies granted by Member States are subject to close scrutiny. The new tool is designed to effectively tackle foreign subsidies that cause distortions and harm the level playing field in the Single Market in any market situation. It is also a key element to deliver on the updated EU Industrial Strategy also adopted today, by promoting a fair and competitive Single Market thereby setting the right conditions for the European industry to thrive.
Report on Competition Policy 2017 - Related Opinions
The EESC considers an effective and principled competition policy to be one of the pillars of the European Union and an essential tool in achieving the internal market, pursuant to the Treaty on the Functioning of the European Union, and in line with the Sustainable Development Goals (SDGs), the construction of a social market economy and the implementation of the European Pillar of Social RightsEESC.
An effective and principled competition policy to be one of the pillars of the European Union and an essential tool in achieving the internal market, pursuant to the Treaty on the Functioning of the European Union, and in line with the Sustainable Development Goals (SDGs), the construction of a social market economy and the content of the Social Pillar. In the 2018 report on Competition Policy 2018, the European Commission develops an approach aimed at strengthening the Single Market, economic development and social policy objectives.
The EESC supports the Report on Competition Policy for 2016 on the whole, but believes that EU competition policy requires better definition and that it is often out of step with other EU policies that influence it. It also calls on the Commission to establish genuinely effective corrective measures in the area of mergers and concentrations.
The EESC welcomes the 2015 Report and considers it fundamental to have a competition policy that ensures a level playing field in all sectors. Imports based on unfair competition constitute a danger to European businesses. Anti-dumping measures are essential to save jobs and protect the economy.