The EU’s competition unit hasn’t had a formal chief economist since Pierre Régibeau retired last year. Fiona Scott Morton, a star U.S. academic, was selected for the post but withdrew after heavy French criticism for hiring an American to rule on sensitive EU investigations that could involve U.S. Big Tech firms.
Tarantino is already a member of the Commission’s economic advisory group on competition policy. He also advises Spain’s central bank and has roles as a researcher at Italy’s Einaudi Institute for Economics and Finance and at the Centre for Economic Policy Research in the U.K.
Some EU lawmakers hit out at Vestager’s move to fill the three-year post so soon before she leaves.
One of Tarantino’s predecessors, Tommaso Valletti, was quick to congratulate him, saying on X that he’d just nabbed the “best possible job in the world.”
(Bloomberg) -- Europe risks losing investments and industrial jobs to countries including the US if the region fails to cut red tape and energy costs, said ABB
The company has revealed its latest plans for expansion, with the announcement of a manufacturing facility to be built upon in Ring
“The perception is sometimes that this French focus [on internal market] … is really just a cloaked way of building its own French industrial champions,â
Bosch will cut up to 5,500 jobs as it struggles with slow electric vehicle sales and competition from Chinese imports.It is the latest blow to the European car