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Competition Policy and Industrial Policy: For a reform of European law

Bruno Deffains - Olivier d'Ormesson - Thomas Perroud
23/01/2020

The failures of certain merger projects like Alstom/Siemens call into question the inadequacy, or even obsolescence, of European competition law and its place in relation to other public policy objectives. Other challenges arise: on the one hand, the existing law faces the challenges raised by the digital economy; on the other hand, European competition law does not take sufficient account of international competition. Should a rebalancing not be carried out between competition policy and industrial policy so that the objectives of the latter can be deployed?

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