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.

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