Competition policy – annual report 2024

Tabled by Pasquale Tridico

Added: 3c. Stresses that industrial policy cannot be confined to the scope of competition policy, which has so far been the EU’s primary focus; underlines that this narrow approach is no longer sufficient in the light of today’s global challenges and the urgent need to reduce the technology gap with the United States and China; calls for a renewed EU industrial policy centred on the identification of strategic sectors and technologies and aimed at achieving clearly defined environmental, economic and social objectives of public interest; notes that competition rules alone are inadequate to address the deep crisis affecting key sectors such as the automotive sector, which is leading to significant job losses; urges the Commission to develop industrial policy tools to support this strategic sector and the transition to sustainable mobility, in addition to employment protection instruments such as a scheme similar to SURE, which should be accompanied by clear social and environmental conditionalities for beneficiary companies;

Wording as published by the EP, in English. PE772.536v01-00