Rebalance Now stands up against economic power being concentrated in the hands of a few. Monopolisation in many sectors, from tech companies to supermarkets, harms consumers, the environment and democracy. We are working towards a diverse and democratically accountable economy.
// News
Conflict of Interest: Oxera Study on Merger Control
For the revision of the guidelines, the European Commission commissioned a study on the effects of mergers. The contract went to the economic consulting firm Oxera, which simultaneously advises companies on mergers and represents their interests. This leads to serious conflicts of interest.
Google brings in more than €2 billion per week in EU despite breaking competition law
One year ago, the European Commission imposed a fine of 2.95 billion euros on Google. The reason: The company was found to be in violation of competition law. At the time of the decision, the Commission stated that Google would likely have to spin off parts of its business in order to comply with legal requirements. One year on it’s “big business as usual for Google” in Europe as the Commission has not decided on any further measures since then.
New Competition Law Reform: Pros and Cons
On July 15, the Federal Cabinet approved a draft bill for a further reform of competition law. It is aimed at making limited changes and simplifications. The Bundestag will consider the bill after the summer recess. We welcome some specific improvements. In other areas, however, we see a need for further refinement and missed opportunities.
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// Our starting points
Analysis
We analyse the concentration of economic power in various sectors and shed light on the damage to people, the environment and democracy.
Competition law
We use competition law and other instruments to limit the power of individual companies and their abuse.
Networking
We are building a movement for a diverse economy and empowering people to participate in cartel and economic policy.
