Competition Quote by Laurent Fabius
“There are 20 million unemployed and what does the Constitution offer us in the Europe of 25, 27 and soon to be 30: policies of unrestricted competition to the detriment of production, wages, research and innovation.”
About This Quote
Source Speech: European Council Meeting, 2015
The quote critiques EU policies that favor unrestricted competition, harming jobs, wages, and innovation.
In simple terms: EU competition harms jobs and innovation.
Key Takeaway
Advocate balanced regulation.
Themes
economics
politics
labor
innovation
competition
Mood
critical
concerned
Type
political
analytical
When to use this quote
- government policy debates
- business strategy
- labor negotiations
Key Concepts
market regulation
social welfare
industrial policy
Questions to Reflect On
- How can competition be structured to protect workers?
- What policies balance innovation with social welfare?
A Different Perspective
Unrestricted competition can spur growth if managed.
