Europe Has Fallen Behind the U.S. and China. Can It Catch Up?
New York TimesJUN 2024
EU Fines Delivery Hero, Glovo €329M for Food Delivery 'Cartel'
Above: EU First Executive Vice-President for Clean, Just and Competitive Transition, Commissioner for Competitiveness Teresa Ribera Rodriguez talks to media in the Berlaymont, the EU Commission headquarters on June 2, 2025 in Brussels, Belgium. Image copyright: Thierry Monasse/Contributor/Getty Images News via Getty Images
The Spin
Left narrative
This landmark case demonstrates the Commission's commitment to protecting fair competition and worker rights in digital markets. The "no-poach agreements" artificially suppressed wages and limited job opportunities for thousands of employees across Europe. These companies exploited their market positions to divide territories and share sensitive information, ultimately harming consumers through reduced choice.
Right narrative
The EU continues to demonstrate why it fails to foster innovation or increase consumer satisfaction. If collusion between companies had an immaterial effect on consumers, this sort of meddling is done only for the sake of busybody Eurocrats out of an excess of caution. The EU has seen its economy fall behind the U.S., and this anti-business environment is part of that story.