By Erik Sass, TES Editor-in-Chief Collectively and individually the countries of Europe face economic problems that they are either unwilling or unable to confront due to a lack of political courage, despite the availability of effective remedies. That was the bleak takeaway from a panel discussion of economic and political experts at the […]
Tag: competition
Airbus tariffs are a warning shot
Courtesy of IFW Kiel The World Trade Organisation (WTO) has cleared US proposals of countervailing tariffs against European subsidies to Airbus. The US tariffs turn out to be relatively modest, but the US could raise them to up to 100 percent. According to researchers at […]
Deregulating teacher labor benefits UK students
Courtesy of IZA Teacher markets, like most public sector labor markets, are often characterized by a large bureaucracy and lack of flexibility. Teacher pay typically follows schedules tied to tenure and does not reward teaching performance. What happens when such heavily regulated labor markets […]
Greater price transparency will reduce medical costs
Price transparency is an obvious driver of effective market dynamics: the more buyers and sellers know about the actual cost factors underlying the prices of competing products and services, the better equipped they will be to compare their relative value (or lack thereof) and make […]
The Shark From Denmark: Vestager is coming for Big Tech
Execs for American Big Tech companies including Google, Facebook, Apple and Amazon have probably been enjoying a few sleepless nights since the reappointment of Margrethe Vestager, the bare knuckles European competition supremo, to her post as European Commissioner for Competition, along with her elevation […]
Europe will become even more polarized in downturn
The European Union was supposed to speed up the process of convergence between the continent’s high- and low-income countries, but by many measures the continent has actually become more polarized along regional, economic lines – and this trend is only going to be exacerbated […]
The EU’s Competition and Antitrust Tightrope
By Rebecca Christie and Mathew Heim, courtesy of the Bruegel Institute The European Union, the world’s largest consumer market, needs a clearer vision for how it wants to manage competition and state subsidies affecting European markets and consumers. As business becomes ever more inter-connected, […]
TES Weekly Update: Diabetes breakthrough promises healthier lives for millions
Editor’s Note: And undermining IP laws promises opposite Have you ever noticed that “fake news” almost always means bad news? Of course it’s taken for granted that “real news” usually means the same. Well, here’s that rarest of treasures, a piece of news that is both real and good, which frankly everyone should be […]
Google investigations aim to protect free market, say state AGs
The investigation into Google’s competitive practices launched by the attorneys general of 48 states, Puerto Rico and the District of Columbia isn’t a witch hunt or political maneuver, but a broad bipartisan effort to protect the free market and American consumers, according to Curtis […]
She’s baaaack: Vestager returns, more powerful than ever
Executives at Facebook, Google, Apple and other Big Tech firms would probably be happy to never again hear the name of Margrethe Vestager, the Danish competition supremo at the European Commission, who won fame (or infamy, depending on your point of view) as the […]