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Commissioner Margrethe Vestager: EU’s Top Regulator on Big Tech, Competition, and the Future of AI
In Good Company with Nicolai Tangen
Strengthen Competition at Home to Succeed Abroad
Exercising competitive strength in the domestic market is crucial for success in the global arena, particularly within the context of the European Union single market. A recent review of a previously blocked merger between Siemens and Alstom highlights the need for companies to address competition concerns effectively. Despite fears of Chinese dominance in international markets, Siemens and Alstom have proven their capabilities globally, raising questions about past merger prohibitions. Regulatory bodies demonstrate a careful approach in blocking mergers, ensuring that competition issues are addressed by businesses themselves before resorting to prohibitions.
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