Is there a trade-off between competition and competitiveness?

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Is there a trade-off between competition and competitiveness?

This event debated the trade-off between competition enforcement and international competitiveness

Time and location: 6 March 2024 10:30-12:30 Bruegel Rue de la Charité 33, 4th floor, 1210 Brussels
Format: Hybrid, On the record, Livestreamed
Contact: Matilda Sevón Anastasiia Zaitseva

Speakers

Mathias Dewatripont

Professor, Université libre de Bruxelles - ECARES,

Fiona M. Scott Morton

Bruegel Senior fellow

Theodore Nierenberg Professor, Yale School of Management

Jan Mischke

Partner, McKinsey Global Institute (MGI)

Agenda

Check-in & coffee

10:30-11:00

Agenda

Discussion

11:00-11:45

Chair: Jeromin Zettelmeyer, Bruegel Director
Mathias Dewatripont, Professor, Université libre de Bruxelles - ECARES
Jan Mischke, Partner, McKinsey Global Institute (MGI)
Fiona M. Scott Morton, Bruegel Senior fellow

Agenda

Q&A

11:45-12:00

Agenda

Lunch

12:00-12:30

There is a long-standing view that competition is good for efficiency and cost-competitiveness. If this is the case, strict competition enforcement should also be good for international competitiveness. There is also a view that scale lowers cost and makes it easier for firms to compete world-wide, particularly against very large or subsidised firms. If this is true there could be a trade-off between competition enforcement and international competitiveness. Which view is right? Should EU competition enforcement be more tolerant of mergers than it has been in the past?

Theme: Global economy and trade
Keyword: competition policy
Language: English