The CEPR Competition Policy RPN organised a Webinar on 

New Industrial Policy, Competitiveness, Competition: Framing the Trade-Offs


Monday, 3 June 2024, 3:30 - 05:00 PM (CEST) - 2:30 - 04:00 PM (BST) - 9:30 - 11:00 AM (ET)

Industrial policy has re-emerged as a very active field of economic investigation, with extensive new research into its empirical effects and new thinking about its policy objectives. It has been resurrected as a major policy tool in the U.S. under the Biden Administration, and it is at the core of the discussion in Europe in the run-up to critical elections in June. Diagnoses such as the reports of Enrico Letta and the forthcoming one from Mario Draghi, plus President Macron’s “Sorbonne 2” speech on 24 April and more, are highlighting the seriousness of the European economic and geopolitical predicament and calling for change. They are all elevating the need to reconsider the trade-offs, including how we think of competition enforcement. In a political economy that has profoundly changed, this is an additional reason to rethink creatively how apparently conflicting objectives fit together. 

A conversationmoderated by Cristina Caffarra (University College London), with Enrico Letta (President, Institute Jacques Delors and former Italian Prime Minister), Benoît Coeuré (President, Autorité de la Concurrence), Andreas Mundt (President, Bundeskartellamt), René Repasi (Member of the European Parliament), Chiara Criscuolo (International Finance Corporation), Nathan Lane (University of Oxford), Sameera Fazili (Fellow, Roosvelt Institute) and Alberto Alemanno (HEC Paris). The Event was chaired by Tommaso Valletti (Imperial College London and CEPR).