ASE professor Maarten Pieter Schinkel presented his research on ‘Green Cartels’conducted with Leonard Treuren at a European Commission (EC) congress on 4 February. The congress 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 congress. The EC is studying whether competitions regulations need to be revised in order to contribute to the transition towards a climate-neutral continent.
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 congress. All presentations and panel discussions can be viewed at ec.europa.eu.