Margrethe Vestager
@vestager
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Executive Vice-President of the European Commission EU fit for Digital Age and Commissioner for Competition
Bruxelles
Joined January 2009
Thank you my dear friend 🙏🏼
Honoring Margrethe Vestager Ten years ago, European Commission President Juncker nominated a Danish politician to be Minister for Competition. At the time, a few in the somewhat insular competition community wondered whether Margrethe Vestager was up to the job.
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A solid team to take Europe forward on its path towards prosperity and social fairness 💪 I wish all Commissioners the best in this new, decisive mandate.
The new European Commission led by Ursula von der Leyen has been approved! Today the European Parliament voted on the new college of commissioners, which will he proposing EU policies for the next five years.
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Our AI office and 9 partner AI safety institutes pool expertise to ensure AI systems are safe and trustworthy for us all. This shows the results of continuous cooperation with our partners and my colleague @GinaRaimondo. Very important to continue this great initiative.
This week, we launched the International Network of AI Safety Institutes with an inaugural convening in San Francisco. Together with our partners, we’re working to advance safe, secure, and trustworthy AI innovation around the world.
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We welcome the creation of the European Cloud Competition Observatory by @cispe_cloud, as part of the settlement agreement with @Microsoft. 👉ECCO will help to limit unfair licensing practices in the cloud market. That means more affordable choice for all 🇪🇺 cloud customers.
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The EU & Singapore strengthen collaboration on AI safety with a new Administrative Arrangement (AA) that: 📍Fosters AI safety research; 📍Promotes innovation, development & responsible use of AI; 📍Shares best practices for advancing human-centric AI systems. The AA, which
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For AI to thrive in our societies we need to ensure safe and trustworthy systems. Happy that we have now jointly signed cooperation between the European 🇪🇺 AI Office and the Singapore 🇸🇬 AI Safety Institute. Also very happy with the warm welcome by @joteo_ylm
Safe, trustworthy AI is vital for public trust and AI adoption. Today, Singapore and the EU deepen ties with a new Agreement, fostering AI safety research, robust evaluations, and best practices to advance human-centric AI systems. Excited for impactful collaborations ahead!
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.@Meta tied its classified ads service Facebook Marketplace to its personal social network @facebook + it imposed unfair trading conditions on competitors (eg Vinted, eBay, Le Bon Coin & others) This breaches @EU_Competition rules. We fine @Meta €797.8 M for abusing dominance.
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Today we approve funding for 5 projects that will address defence capability gaps in 🇪🇺 & increase support to 🇺🇦 with additional defence equipment. This is the 1st time we use EU budget to support Member States in commonly procuring defence products 💪 https://t.co/2nl8BuNqAP
ec.europa.eu
The Commission has approved funding for five cross-border projects to support more coordinated and efficient defence procurement among EU Member States.
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Posting of workers is part of the single market. Our proposed e-declaration portal will help e.g: 👉reduce businesses’ admin burden 👉 facilitate their compliance with existing rules 👉make it easier for labour inspectors to enforce rules 🗞️ https://t.co/olKPk9lorZ
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These days more than ever, we must stay loyal to the 🇪🇺 model, which is to create prosperity & use that to create social welfare for people. Vivid competition to drive competitiveness. If we give that up now, it is certain we will lose in the long run. @FriendsofEurope
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📍ENTRETIEN EXCLUSIF. La commissaire à la Concurrence Margrethe Vestager (@vestager) a affronté pendant dix ans les plus grosses firmes du monde. Elle tire sa révérence en décembre. Son interview sonne comme un testament politique. ➡️ https://t.co/e2GFlQ18fc Par @Eberretta
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📢update! Today we open a formal investigation to assess whether @temu may have breached the Digital Services Act. We will check (e.g.): 👉whether TEMU did enough to prevent the presence of illegal traders 👉the risks of addictive design of the service https://t.co/bxstNi982G
ec.europa.eu
Today, the Commission has opened formal proceedings to assess whether Temu may have breached the Digital Services Act (DSA).
Everyday, millions of Europeans buy all sorts of products on Temu. We are concerned about the possible presence of traders selling illegal products on the platform. Today we formally request @shoptemu to provide information on the mitigation measures taken against such risk
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This is not our first disparagement case. Last July, we accepted commitments from Vifor to correct its own disparagement campaign. We want to keep affordable drugs + a wide choice of treatment for all 🇪🇺 patients & national healthcare systems 💊 https://t.co/Uyii0DYK2b
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Today we fine Teva 462 million euros for breaching @EU_Competition rules. Teva abused dominance by: 👉disparaging its main competitor 👉misusing the patent system Here’s 1 minute to explain the disparagement side of the story 👇📺
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In Paris @Concurrences conference, I got the question: “do you regret Siemens/Alstom?” In short: non, je ne regrette rien 😊 An “au revoir” but not an “adieu” to the very competent, caring competition community that I had a pleasure to work with👋
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📢Today, we concluded negotiations on the future competition cooperation agreement between 🇪🇺 & 🇬🇧! 👉It will allow enforcers from @EU_Commission, EU national competition authorities & @CMAgovUK to cooperate directly in competition investigations - to the benefit of citizens.
EU 🇪🇺 and UK 🇬🇧 conclude technical negotiations for a future #competition cooperation agreement 👇 🔗➡️ https://t.co/xQCRcaDTgE
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The book is out since Wednesday / bogen kom ud i onsdags 😊😊
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Flashback Friday😉 👉 Last week @EP_Taxation we discussed the aftermaths of the @apple case win. 📣 We achieved important changes towards more fiscal justice over the last 10 years, thanks to the combination of 📍state aid enforcement 📍action at EU, @oecd & national levels
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