TED: The new age of corporate monopolies | Margrethe Vestager

The video discusses the formation of the European Union and its focus on fair competition to ensure market fairness and trust. It highlights the necessity of competition rules to prevent market dominance by big businesses and cartels. The role of governments in influencing competition through subsidies and tax benefits is examined. Trust is emphasized as a crucial element in both markets and society, with technology presenting new challenges and opportunities for building trust. The video concludes with the importance of enforcing competition rules to foster innovation and societal trust.

What was the primary goal of the representatives from six European countries who came to Rome?

How did the aftermath of the world war influence the creation of the European Union?

What were the main concerns regarding markets when they are left to themselves?

Why are competition rules necessary in the context of the European Union?

What are some of the negative consequences of a lack of competition in the market?

What role does trust play in the functioning of modern societies?

How do competition rules help in maintaining fairness in the market?

In what ways can technology both help and challenge the building of trust in society?

How can competition rules be integrated into new technologies to ensure fairness?

What are the implications of data as a currency in the market?