European regulators are about to become more political

E urope’s tough competition policy is something of a historical accident. After the second world war Germany wanted to contain cartels, which it viewed as a threat to its young democracy and market economy. France, meanwhile, saw cracking down on big firms as a way to promote its economic interests. Messy negotiations ended up handing lots of power to the European Commission, where it resides to this day—much to the dismay of many in Silicon Valley. In recent years Brussels has launched a series of regulatory investigations into America’s tech giants, including Apple, Google and Meta.

Why has development ground to a halt?

The thread from shipwrecks and sheep flocks to digital currencies

The bold move carries economic and political risks

Jerome Powell could still surprise on the hawkish side

Even though they are not very good at it

The country’s economy is thriving yet the krone is becoming less and less valuable. What’s going on?

https://www.economist.com/finance-and-economics/2024/09/19/european-regulators-are-about-to-become-more-political

A source: www.economist.com/finance-and-economics/2024/09/19/european-regulators-are-about-to-become-more-political