Representatives of the governments from Poland, Germany, France and Italy have written a letter to Margrethe Vestager, the Vice President of the European Commission for a Europe Fit for the Digital Age and Commissioner for Competition, calling for adopting a new set of competition rules in the EU.
The signatories of the letter were Jadwiga Emilewicz, the Polish Development Minister, Peter Altmeier, the German Economy and Energy Minister, Bruno Le Maire, the French Economy and Finance Minister and Stefano Patuanelli, the Italian Economic Development Minister.
In the letter, the officials have presented their proposals of changes to the European competition laws.
The ministers observed that in the globalised economy European companies have to compete with foreign firms which sometimes receive substantial subsidies from their host countries.
In the opinion of the signatories, such a situation calls for a redefinition of EU rules, including the re-assessment of mergers and markets.
Another issue mentioned by the ministers was the role of large digital companies on the EU market. The signatories stressed that these entities have a significant impact on the market and excessive influence on neighbouring or emerging markets.
In ministers’ opinion, EU companies must also have access to more transparent rules concerning the types of allowed cooperation between enterprises, especially small and medium-sized firms.
The whole letter, obtained by “Politico” magazine can be found at their webpage.