Feeds

Sommer attacks EU competition regime

Big is good

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Ron Sommer, chairman of Deutsche Telekom, attacked "parochial" European competition law, at CeBIT 2000. Outlining his special agenda for TIMES,(Telecommunications, Information Technology, Multimedia, Entertainment and Security Services), Sommer said he wants DT to become a player unconstrained by the present competition law in Europe, and that "parochial attitudes stifle progress. "Even after two years of liberalisation throughout Europe, the degree of access to telecommunication markets for newcomers as well as the level of free-market competition still vary from country to country... We need a larger market in Europe," he said. "Enterprises with substantial financial clout are needed in order to invest billions in innovative technologies... A few years ago this principle was not accepted... there is still a tendency among Europeans to view this new and necessary order of magnitude as a threatening factor or an attempt to secure market domination." Big is good He continued: "The situation can arise, of course, as we have seen recently with Microsoft, and it is clear from this case that the Americans are also aware of the risks." He warmed to his new theme of big is good: the AOL Time-Warner merger "is likely to be a further leap forward in innovation. Yet such a merger... would almost certainly not be approved at the present time by any government in Europe... as it would put too much power in the hands of one market player." His conclusion was that "in Europe we tend to focus too much on the risks, and less on the opportunities. Consequently, we are in danger of missing out on important opportunities." Sommer had his solution to his problem with European competition policy: "we're labouring under a handicap compared with the USA... we [need] market conditions in our continent that allow companies to develop their full potential for innovation. We therefore need rules governing competition which are global in their scope, which are observed by all the players, and whose observance can be globally verified." He confessed that Germany had "a reputation for being somewhat cautious, not to say downright hostile towards new technologies". Evidently, Sommer thinks competition law needs to be changed at a European level, as well as in Germany, to favour his globalisation desires; he wants to work with the European Commission and the German government to achieve this. The irony is that European competition law was closely based on the German law. Even if that were achievable - and it seems doubtful - it could only apply within the EU. Sommer's solution should be to tackle the WTO, especially in view of the recent victory to stop favourable and discriminatory foreign sales corporations tax treatment for US business. But getting WTO agreement to any globalisation plan could be even more difficult. ® CeBIT 2000: Full Coverage

Providing a secure and efficient Helpdesk

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Hey Brit taxpayers. You just spent £4m on Central London ‘innovation playground’
Catapult me a Mojito, I feel an Digital Innovation coming on
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
EU probes Google’s Android omerta again: Talk now, or else
Spill those Android secrets, or we’ll fine you
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.