Nicolas Petit @competitionprof.bsky.social · 03/01/2025Consider the “innovation defence”. The idea is to allow firms “in certain sectors to pool resources to cover large fixed costs and achieve the scale needed to compete at the global level” #Innovation 3/n 110
Nicolas Petit @competitionprof.bsky.social · 03/01/2025Similarly, the reco that competition policy should develop a simple, streamlined process so "groups of EU industries can follow to work together to reach scale when it would benefit consumers" appears directly relevant to the evaluation of joint ventures between European firm 4/n 110
Nicolas Petit @competitionprof.bsky.social · 03/01/2025Last, the invitation to introduce a "security and resiliency assessment" in competition evaluations for "those sectors and firms that are strategic" asks to relax competition policy for EU firms with activities relevant to defence, space, and security, like for example AI 5/n 110