European Economic and Social Committee 22 January 2025, Opinion of the European Economic and Social Committee – A competition policy at the heart of EU’s competitiveness (own-initiative opinion)

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The European Economic and Social Committee (EESC) emphasizes the critical role of competition policy in enhancing the EU's competitiveness, advocating for adaptations in merger control to address market-specific needs, particularly in innovation and sustainability sectors. The opinion recommends improved coordination of state aid among Member States to bolster European value chains and suggests streamlining procedures to provide businesses with greater legal certainty. Additionally, it highlights the necessity of leveraging new competition tools like the Digital Markets Act (DMA) and the Foreign Subsidies Regulation (FSR) to ensure fair competition and address challenges posed by external market influences.AI