Home Malta Winds Margrethe Vestager, Silicon Valley’s worst nightmare, to retain EU’s top competition job

Margrethe Vestager, Silicon Valley’s worst nightmare, to retain EU’s top competition job

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Margrethe
Vestager, the EU’s competition chief, will retain her role as the bloc’s
antitrust enforcer in Ursula von der Leyen’s team in a move likely to spark
criticism from the White House.

In one of
the big surprises in the new European Commission line-up, Ms Vestager, who has
been dubbed the “tax lady” by Donald Trump, will continue in her role
policing mergers and state aid for the next five years.

Ms Vestager
will also lead Brussels’ digital policy as an executive vice-president in the
new commission.

Ms Vestager
instigated the Apple state-aid case which resulted in the iPhone-maker being
asked to to pay back €14 billion to the State. Apple’s appeal is due to be
heard on Tuesday the 17th and Wednesday the 18th of September. She also dished
out record fines to Google.

The
announcement came from commission president-elect Ms von der Leyen in her first
press conference to announce her college of commissioners on Tuesday.

In other big
moves, Italy’s commissioner nominee Paolo Gentiloni will become the
EU’s new economics chief, and France’s Sylvie Goulard will lead the bloc’s push
to create an industrial policy, leading on defence and the single market.

Belgium’s
Didier Reynders and the Czech Republic’s Vera Jourova will both oversee
compliance with the rule of law. Ireland’s Phil Hogan has been
nominated as trade chief.

source: ft.com

The post Margrethe Vestager, Silicon Valley’s worst nightmare, to retain EU’s top competition job appeared first on maltawinds.com.

Original article found on Malta Winds

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