Thank you @SecYellen for a constructive discussion on #GreenTech subsidies & the need for transparency. 🇪🇺 & 🇺🇸 can boost the green transition in cooperation, not in competition. Important work of #IRA task force 👍🏻
🐦🔗: https://n.respublicae.eu/vestager/status/1622684214838558721
RT @vestager: 3 "Ts" for a fair & balanced adaption of our #StateAid rules:
👉 Temporary - until 31.12.25
👉 Targeted - only strategic #green sectors that are at risk of relocation to 🇺🇸, or other third countries
👉 Transparent - so that taxpayers know where their money is going
🐦🔗: https://n.respublicae.eu/arianna_podesta/status/1620806796788252672
2️⃣ Faster access to funding to boost clean-tech production in 🇪🇺
We propose, among others:
⚪️an amended Temporary State aid Crisis and Transition Framework
⚪️to revise the GD General Block Exemption Regulation
⚪️to streamline the approval of IPCEI
⚪️a European Sovereignty Fund
🐦🔗: https://n.respublicae.eu/MamerEric/status/1620756122167820288
🇪🇺@EU_Commission approved €1.6 billion 🇷🇴 measure to set-up Romanian Investment & Development Bank
➡️ensure access to finance, especially for SMEs & start-ups
➡️boost investments
➡️fund infrastructure projects
➡️support economic growth
https://ec.europa.eu/commission/presscorner/detail/en/ip_23_463
🐦🔗: https://n.respublicae.eu/arianna_podesta/status/1620534314806149122
RT @MamerEric: Tomorrow’s College @EU_Commission will discuss
✅The Green Deal Industrial Plan
To enhance Europe’s industrial competitiveness by accelerating the transition to climate-neutrality by 2050
🐦🔗: https://n.respublicae.eu/arianna_podesta/status/1620510489406210048
🔊 #ForeignSubsidies regulation entered into force - will be applicable as of 12.06.23
➡️address distortions caused by foreign subsidies
➡️allow 🇪🇺 to remain open, while ensuring level playing field for all companies operating in #SingleMarket
👀⬇️
https://europa.eu/!xr4bwF
RT @vestager: For 60 years we’ve had #StateAid rules on subsidies granted by 🇪🇺countries. But no similar rules for subsidies from non-EU countries. Our proposal on #ForeignSubsidies enters int…
🐦🔗: https://n.respublicae.eu/arianna_podesta/status/1613624609039081472
Need a recap of what @EU_Commission did in terms of @EU_Competition policy and enforcement?
👀⬇️
(With our wishes for a merry Christmas! 🎄)
RT @vestager: Huge thanks @EU_Competition! So much achieved in #2022 (even more than this list shows 😉). A happy, merry Christmas to all 🙏🎄
🐦🔗: https://n.respublicae.eu/arianna_podesta/status/1605564813014454274
🇪🇺@EU_Commission made commitments offered by @Amazon binding, after testing with market
They address competition concerns on:
➡️use of non-public marketplace seller data
➡️possible bias in granting to sellers access to:
▪️Buy Box
▪️Prime programme
🐦🔗: https://n.respublicae.eu/arianna_podesta/status/1605177213250404353
🗣️ Press conference by Executive Vice-President @vestager on an #antitrust case
🔴 LIVE ⏰ 13:00 CET
🐦🔗: https://n.respublicae.eu/EC_AVService/status/1605162235457949696
We need cooperation, not confrontation. Work together on solutions to concerns on the Inflation Reduction Act. Targeted domestic response for competitiveness and level playing field. Speech by @vonderleyen. https://bit.ly/3W7nkwr
Look forward discussing more at #TTC tomorrow.
RT @vonderleyen: For friends like 🇪🇺🇺🇸 competition & cooperation can be two faces of the same coin.
We’re working together on strengthening our clean energy industrial bases, from standards…
🐦🔗: https://n.respublicae.eu/vestager/status/1599453678636658688
It’s beginning to look a lot like #Christmas 🎄Only a mountain of work before we get there - but all easier with the #ChristmasSpirit
🐦🔗: https://n.respublicae.eu/vestager/status/1598633305116594176
📚@EU_Commission opened in-depth investigation in acquisition of Lagardère by @Vivendi
Concerns:
Transaction may reduce competition in
➡️several markets across book value chain in French-speaking countries of EEA
➡️publishing of celebrity magazines in 🇫🇷
https://ec.europa.eu/commission/presscorner/detail/en/ip_22_7243
🐦🔗: https://n.respublicae.eu/arianna_podesta/status/1598039862250438656
🇪🇺@EU_Commission adopted 40th cartel settlement decision
➡️fined Sunpor, Synbra, Synthomer, Synthos & Trinseo total €157 million for colluding on purchase of styrene monomer
➡️INEOS not fined as it revealed the cartel under leniency programme
https://ec.europa.eu/commission/presscorner/detail/en/ip_22_7168
🐦🔗: https://n.respublicae.eu/arianna_podesta/status/1597573485454585856
RT @vestager: From #Ukraine to #Iran, in every country of the world, women victims of #GenderViolence live in fear. They hide in plain sight. Today we shout out loud for all those who can’t speak: it is time to #EndWomenViolence 💪 #OrangeTheWorld
🐦🔗: https://n.respublicae.eu/arianna_podesta/status/1596263376929587200
The day we put an end to indifference and impunity.
The day all women and girls can live their lives free of fear.
Safe from violence.
That’s the day we will live in a truly equal world.
Let’s #OrangeTheWorld
🐦🔗: https://nitter.eu/vonderleyen/status/1596042908284633088
✈️@EU_Commission opened in-depth investigation in proposed acquisition by @bookingcom (Booking) of eTraveli
Concerns:
➡️reduced competition in market for accommodation online travel agencies
➡️higher prices for customers
https://ec.europa.eu/commission/presscorner/detail/en/ip_22_6883
🐦🔗: https://nitter.eu/arianna_podesta/status/1592968950853533697
RT @vestager: Anyone is welcome to do business in 🇪🇺. But only of you play by our rules. The overwhelming vote @europarl_en
#EPlenary to prevent distortive foreign #subsidies is great. It shows how Europe can achieve ground-breaking legislation when we work together. And achieve it quickly.
🐦🔗: https://nitter.eu/arianna_podesta/status/1590802446770909184
RT @MamerEric: Today @EU_Commission proposes a stable and predictable support package to Ukraine for 2023 of up to €18bn.
It will enable to pay wages & pensions and rebuild critical infrastructure. These very favourable loans will be linked to key reforms for 🇺🇦 to advance on its 🇪🇺 path.
🐦🔗: https://nitter.eu/arianna_podesta/status/1590414641645355008
🎮@EU_Commission opened in-depth investigation in acquisition of @ATVI_AB (Activision Blizzard) by @Microsoft
Concerns - reduce competition in:
➡️console & PC video games distribution (multi-game subscription & cloud game streaming)
➡️PC operating systems
https://ec.europa.eu/commission/presscorner/detail/en/ip_22_6578
🐦🔗: https://nitter.eu/arianna_podesta/status/1590088442175635456
Unofficial automated mirror. No copyright asserted. ∎ @EU_Commission Coordinating Spokesperson for economic matters - Spokesperson for @EU_Competition and @EU_Eurostat #vdLCommission