On May 29, the Minister of State for Culture, Wolfram Weimer, proposed a 10% advertising levy based on the Austrian model. We welcome this proposal. After all, digital companies continue to pay significantly lower taxes than other companies (9.5% instead of 23.3% according to a recent CEPS report).
The Monopolies Commission has presented new data on market concentration and price trends in the food sector. Supermarkets and manufacturers are winning, farmers are losing. A problematic development.
Fourteen NGOs from all over Europe are calling for a change of course in EU competition policy in a manifesto published today. The current approach is not effective enough to prevent the concentration of power.
The Monopolies Commission sees signs of competition problems and market power in the food sector. It is strange how dismissive it is of political measures before conducting its own investigation.
Date note: On February 29, 2024, a basic workshop on the topic of monopoly power will take place in Berlin: A lot of power in a few hands – the global and local consequences of corporate power.
The NGO alliance “Initiative Konzernmacht beschränken” is calling on the German government and the Federal Cartel Office to take clear measures against the market power of food retailers.
The largest corporations are using their market power to impose high prices. According to a new study, the 20 largest corporations worldwide have significantly increased their markups in recent years.
Together with European partners, we have called on the UK Competition and Markets Authority (CMA) to further investigate Microsoft’s involvement in OpenAI. It is an example of the growing dominance of the big tech companies in the AI sector.
Large companies dominate the economy and our everyday lives. This introduction highlights the negative consequences and describes political instruments and starting points for limiting monopoly power.
