Open Up quoted in Project Syndicate

In Blog by Philippe LegrainLeave a Comment

To be sure, the European Commission promised to create a single digital market two years ago, estimating that it could boost the EU economy by €415 billion ($448.5 billion) annually. But Hosuk Lee-Makiyama and Philippe Legrain of the Open Political Economy Network recently delivered a scathing assessment of the results. Europe’s “single digital market,” they argue, currently amounts “to a jumble of outdated, corporatist, counterproductive industrial policies that favor producers over consumers, …

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Protecting competition, or competitors?
— Europe’s pursuit of Silicon Valley

In Blog by Hosuk Lee-Makiyama1 Comment

It’s getting harder to escape the suspicion that the EU is sometimes acting in the interest of European firms who struggle to compete with a new breed of rivals like Apple, Amazon and Google. President Obama has said that the recent scrutiny by the EU competition authorities of US tech firms was driven by “commercial interests”. But the suspicions of Brussels using competition policy for protectionism are hardly anything new. In …

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