With the trade conflict between the United States and China bringing China-US strategic competition into the open, the … European Union faces an urgent question: how to position itself in the competition. This paper reviews the impact of the US …

markets can make the transition more efficient; 3. In some areas, a too-narrow focus on competition can be detrimental, and … three levels of intervention: 1) competition rules and enforcement should be adjusted to meet the new challenges of the … benefits of competition for efficient resource allocation in the transition. Institutions should not focus solely on static …