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ASE professor Maarten Pieter Schinkel presented his research on ‘Green Cartels’, conducted with Leonard Treuren, at a European Commission (EC) conference on 4 February. The event was organised to explore how competition policy can contribute to the European Green Deal. Schinkel’s and Treuren’s research looks at the relationship between competition and investments made in sustainability.

The subject links the agendas of EC Vice-presidents Frans Timmermans and Margarethe Vestager, who both spoke at the conference. The EC is studying whether the competition rules need to be revised in order to contribute to the transition towards a climate-neutral continent.

Intense lobbying

There is intense lobbying from businesses and legal experts to establish a ‘green market power’, but Schinkel warns against this, based on economics research. More than 3,000 viewers from all over the world  watched the online event. All presentations and panel discussions can be viewed at ec.europa.eu.