Monday, August 25, 2025

Draghi's Rimini Speech: Game Over for Europe?

 Here. Video here.

It seems that the antitrust authorities now find themselves caught between hammer and anvil. On the one side, their governments may bow to Trump’s policy line, dismantling digital ex-ante legislation in the process. The clearest cases are South Korea and, quite possibly, India. On the other side comes Draghi, declaring the world order over—with obvious consequences for the international role of independent competition authorities which were established as part of the neoliberal package. Truly, interesting times lie ahead. The EU "adapted" to that age too, as Draghi reminded us (more economic approach, anyone?), but it needs to change again. Quickly. 

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