Eurocrats' Anti-Competitive Agenda ; Dubious Eu Regulations Hit U.S. Firms
The Washington Times › October 05, 2006
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Summary
Two weeks ago, European Commissioner of Competition Neelie Kroes arrived in the United States on a mission of economic cooperation. Increasingly, however, that cooperation is hard to find, especially for American firms doing business in Europe. More often than not, the European vision of cooperation is capitulation, with American companies forced to accept onerous conditions or else abandon the European marketplace altogether.
Recent history provides a clear view of Europe's "not so competitive" competition policy. Apple recently ran into a buzzsaw in France over iTunes, and other European nations smell blood in the water. The European Union has blocked the merger of American companies such as GE and Honeywell and Sprint and MCI, and Microsoft has been under constant fire for its products in Europe. The problem is not that consumers are being harmed; rather, the problem is that European firms do not like the competition.See the full content of this document
Extract
Eurocrats' Anti-Competitive Agenda ; Dubious Eu Regulations Hit U.S. Firms
In the United States, the antitrust laws are premised on consumer harm. No consumer harm, no antitrust violation. Vibrant competition is the gold standard for U.S. authorities. Europe has a comple...
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