High Market Concentration

The highest rated companies in the world come from the digital economy. Those companies outperform the market average. Technology, media and telecommunications companies generate more economic profit than any other sector of the global economy – more than the combined economic profit of aerospace and defence, automotive components and food products companies. The new Internet platforms are increasingly attempting to expand their business areas to cover all areas of life (from housing, health to finance) and thus push corporate concentration even further and secure their supremacy in competition.

Therefore, the regulatory framework has to ensure, that new emerging platforms (also from Europe) can benefit from the Internal Market. The EU must regulate accordingly platforms which develop business capabilities in the internal market from outside the internal market, so that the principle of a neutral level playing field is also maintained.

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