Executive Vice President Margrethe Vestager's tenure as
Commissioner responsible for EU competition policy is nearing its
end, with Teresa Ribera Rodríguez nominated as her
replacement. In this video, Jay Modrall and Richard Whish KC
discuss the content of the recent mission letter from Ursula von
der Leyen, President of the European Commission, setting out
expected areas of focus for the new Commissioner. This includes
calls for a "new approach to competition policy" to
support Europe's "new industrial policy", a mandate
to update the Commission's horizontal merger guidelines, and
addressing risks of "killer acquisitions from foreign
companies".
The video also covers other areas under reform, such as the
Commission's new guidelines on abuse of dominance, and how the
mission letter links to proposals in the recent Draghi report. This
includes discussion of the proposal to revive the so-called
"new competition tool", which would be similar to a UK
market
