Join us for a discussion of transatlantic competition with Managing Director of the IMF Kristalina Georgieva and Executive Vice President of the European Commission Margrethe Vestager.
New IMF research shows that the pandemic has furthered the trend toward rising market power in advanced economies. Rising market power has been associated with declining business dynamism and lower wages, and M&As by dominant firms have reinforced it. For these reasons, the Fund sees a case for enhanced competition policy frameworks to cope with the rise in market power in general, and in the digital economy in particular.
At this event, divided into two sessions, speakers will discuss the issue of the rise in market power of members of the digital markets and the scope for enhanced competition policy to tackle this trend.
This event is organised in cooperation with the Brookings Institution.
Senior Advisor, IMF
Managing Director, International Monetary Fund
Charles P. Kindleberger Professor of Applied Economics, MIT
Professor of Economics, Imperial College Business School
Executive Vice-President, European Commission
Director - The Hutchins Center on Fiscal and Monetary Policy Senior Fellow - Economic Studies, Brookings
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