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See more in Bruegel's Blueprint, writing with Ricardo Hausmann: lnkd.in/esFv-wJ6
With many thanks to Simone Tagliapietra and Heather Grabbe for producing a great @bruegel.bsky.social volume.
10.04.2025 12:34 — 👍 1 🔁 0 💬 0 📌 0
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The economic winners in the energy transition will be the states and regions that develop appropriate institutions to succeed at building competitiveness in emerging clean-energy industries.
10.04.2025 12:34 — 👍 0 🔁 0 💬 1 📌 0
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3. Companies become big by being competitive; they should not be made big so that they can become competitive. Industrial policy should aim to make companies good rather than big, by combining the right support with engineered competitive market conditions, rather than create national champions.
10.04.2025 12:34 — 👍 0 🔁 0 💬 1 📌 0
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2. Industrial policy and competition policy are intrinsically related and mutually enhancing.
10.04.2025 12:34 — 👍 0 🔁 0 💬 1 📌 0
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This changes how we should think about competitiveness, industrial policy and competition policy in several ways:
1. States have a role in shaping competitiveness above and beyond organic market processes, through shaping supply, demand and market conditions.
10.04.2025 12:34 — 👍 0 🔁 0 💬 1 📌 0
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Instead, state-directed goals, engineered market structures, and policy-driven scaling of supply and demand have driven this economic progress, largely from China. In the process, China has built a commanding lead in the industries of the future, threatening European and American competitiveness.
10.04.2025 12:34 — 👍 0 🔁 0 💬 1 📌 0
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Policymakers often think that organic market competition drives low prices, innovation, and economic progress. But organic market processes have had little to do with the forces driving down prices for solar, wind, batteries, and many other energy technologies.
10.04.2025 12:34 — 👍 0 🔁 0 💬 1 📌 0
Hey @washingtonpost.com readers, if you're interested in opinion journalism that actually defends personal and economic freedom against its enemies, consider subscribing to the genuine article: subs.ft.com
26.02.2025 17:44 — 👍 55 🔁 10 💬 3 📌 0
Opinion | We’re still at the beginning of the end of Google’s monopoly
The Justice Department’s push for Google to sell off its Chrome browser is a good start, but not nearly enough.
"This moment is not just about reining in one company, but it’s also about reclaiming a digital economy that serves us all."
@nikolusiani.bsky.social & Ketan Ahuja explore the DOJ’s proposed remedies for Google ⤵️ www.msnbc.com/opinion/msnb...
10.12.2024 21:24 — 👍 7 🔁 6 💬 0 📌 0
Text excerpt discussing the impact of the Department of Justice's proposed remedies on the digital economy, highlighting the benefits to innovation and support for newcomers, accompanied by the NBC peacock logo.
Pro-public tech 📲 innovation requires creating a digital ecosystem that actually serves and protects public interests.
The DOJ’s proposed remedies for Google are a good first step, but there is much more to be done. @nikolusiani.bsky.social & @ketan-ahuja.bsky.social www.msnbc.com/opinion/msnb...
02.12.2024 15:33 — 👍 9 🔁 3 💬 0 📌 0
Don't listen to Google or anyone else who tries to paint these remedies as radical. Google's conduct was egregious (paying its competitors $26 billion annually to collaborate 🤫) and its monopoly is entrenched. We need bold remedies that actually fix the problem, the the DOJ's proposals aim to do.
26.11.2024 16:31 — 👍 0 🔁 0 💬 0 📌 0
Some details still need to be worked out. But bold and creative remedies are needed here, and the DOJ's proposal has delivered on its mandate to fix the problem.
26.11.2024 16:31 — 👍 0 🔁 0 💬 1 📌 0
The DOJ recently proposed a suite of remedies, including forcing Google to sell Chrome, that would end Google's monopolistic practices and nicely reintroduce competition in search, benefitting millions of ecommerce entrepreneurs around the country.
26.11.2024 16:31 — 👍 1 🔁 0 💬 1 📌 0
Ecommerce brands can spend 15-20% (and up to 40% depending on their stage of growth) on digital ads, often representing all their profit margin. As you often hear from people in the tech industry, if you control distribution, you control the market.
26.11.2024 16:31 — 👍 1 🔁 0 💬 2 📌 0
Opinion | We’re still at the beginning of the end of Google’s monopoly
The Justice Department’s push for Google to sell off its Chrome browser is a good start, but not nearly enough.
The DOJ's proposed remedies against Google (including forcing Google to sell Chrome) are a nice first step to fixing Google's monopoly, and restoring a digital innovation ecosystem that works for everyone.
My thoughts, with Niko Lusiani, in MSNBC: www.msnbc.com/opinion/msnb...
🧵
26.11.2024 16:31 — 👍 4 🔁 1 💬 1 📌 1
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