Summary
A comprehensive review of EU competition policy, calling for modernization in the digital age and stricter action against unfair tax practices. 10 19.01.2016
Other
economy
justice
taxation
government
social policy
european union
administrative law
business and competition
public finance and budget policy
information technology and data processing
Key points
- The resolution emphasizes that competition policy is a cornerstone of Europe's social market economy and essential for democracy.
- There is an urgent call to adapt competition rules to the digital economy, as traditional indicators like turnover are insufficient to measure power in data-driven markets.
- The document highlights that tax evasion and aggressive tax planning cost EU taxpayers an estimated 1 trillion euros every year.
- It calls for increased scrutiny of mergers, particularly in the digital sector, to prevent 'winner-takes-all' scenarios caused by network effects and data access.
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