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The EU towards a new framework for competition

Brussels communication on 28 actions to stimulate transition

“The new EU competition policy will firmly target the green and digital transition and the resilience of the single market.” This was reiterated Thursday by Executive Vice-President of the EU Commission in charge of Competition, Margrethe Vestager, while she was presenting a communication on the 28 actions taken or to be defined prepared by the EU executive.
“Now, more than ever, we need an effective competition policy that gives the European economy the necessary agility and drive to overcome the challenges it faces,” Ms. Vestager explained.
To this end, the communication recapitulates the 28 measures prepared by Brussels (of which 4 have already been adopted), starting with the revision of the rules on state aid for IPCEIs, for energy and environment as well as research and innovation. All of the measures will be defined by the end of the year.
In turn, the General Block Exemption Regulation (GBER) is scheduled to be reformed in 2022. The parts on green and digital transition and vertical agreements are to be adopted by the middle of the year and the part on horizontal agreements in the last quarter.
Other measures in the pipeline include the proposed regulation on subsidies from non-EU countries, currently at the trialogue stage, and the revision of the De Minimis regulation on small state aid, to be completed before the end of 2023.

 

Energy Morning is an information service on facts and news on the energy industry. As such, the contents of this service do not directly or indirectly reflect the vision and strategy of Snam on the topics covered.

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updated
19 November 2021 - 10:19 CET