Memo

Memo to the commissioner responsible for competition

Publishing date
04 September 2024
Authors
Fiona M. Scott Morton
Download
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You face challenges of filling gaps in competition enforcement (including small mergers of innovative firms, for example), applying state aid to advance competition and enable European firms to grow, and enforcing new rules for digital gatekeepers embodied in the Digital Markets Act (DMA). Your priorities should be continued vigorous competition enforcement to maintain existing competitive markets, redesigning state aid to serve as a procompetitive industrial policy that creates new markets and fixes broken ones, and regulation of monopolised markets to deliver competitive outcomes to society (not least through the DMA). Coordinating with other jurisdictions on regulation of digital platforms will also be crucial. In this context you must resist platforms’ divide-and-rule strategies, benefitting from European Union leadership in this area.

Key actions:

  • Continue vigorous competition enforcement

  • Deploy state aid as procompetitive industrial policy

  • Regulate monopolised markets to benefit society

Read the full memo by clicking the download button at the top of this page.

About the authors

  • Fiona M. Scott Morton

    Fiona M. Scott Morton is a Senior fellow at Bruegel and the Theodore Nierenberg Professor of Economics at the Yale University School of Management.  Her field of economics is industrial organization and within this field she focuses on empirical studies of competition. The topics of her current research are the economics of competition enforcement and competition in healthcare markets. From 2011-12 Professor Scott Morton served as the Deputy Assistant Attorney General for Economic Analysis (Chief Economist) at the Antitrust Division of the U.S. Department of Justice, where she helped enforce the nation’s antitrust laws. She frequently presents to, and advises, government agencies tasked with enforcing competition law. At Yale SOM she teaches courses in the area of competitive strategy and competition economics. She served as Associate Dean from 2007-10 and has won the School’s teaching award three times. She founded and directs the Thurman Arnold Project at Yale, a vehicle to provide more competition policy programming to Yale students and the wider competition community. Professor Scott Morton holds a BA from Yale and a PhD from MIT, both in Economics.

Theme
Global economy and trade
Keyword
competition policy digital single market European single market
Language
English

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