Why is Europe so slow to act?
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Dear reader,

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The European Parliament complex in Brussels

**Back in January,** I traveled to Brussels to attend "Antitrust,
Regulation and the Next World Order", an annual conference that
Politico called the "anti-Davos." On my first day there, I heard it
described as Woodstock for antitrust. 

During the Trump years, the European Union led the world in taking on
major tech platforms. Even in the shadow of long-held conservative
approaches to antitrust and a lucrative corporate lobbying sector,
Eurocrats were enforcing data privacy laws and fighting mergers across
sectors.

In recent years, the tables have turned, and our side of the Atlantic
now leads in taking anti-monopoly action. Figures in the Biden
administration like Lina Khan and Jonathan Kanter represent the vanguard
of a revolution in thinking about political economy, making the
connection between corporate abuses of market power to the global
erosion of democracy and civil liberties.

For our April 2024 issue, I wrote about my time in Brussels and why,
despite ever-greater unchecked corporate power and the rise of
anti-democratic forces across the globe, European policymakers have been
slow to act. The European Union has enough problems: raging war, energy
shortfalls, a migrant crisis, rising nationalist sentiment. In contrast,
it's no wonder that so many seem to believe that political economy
should take a backseat-but maybe that's exactly what Europe is
getting wrong.

You can read the full story for our April 2024 issue here.

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Thanks for being a part of this,

David Dayen

Executive Editor

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