Abstract

The acceleration of global warming imposes immediate action of governments and companies worldwide. Cooperation among companies may often be the card to advance sustainability. Examples are open knowledge-sharing platforms, joint procurement of recycled materials, technical standards on the environmental performance of products or processes and many others. However, such business initiatives may be either halted or chilled by concerns that they may violate competition law. It is time for clarity and guidance on such schemes. Building on the EU Green Deal and its measurable requirements (namely the taxonomy for green investments), this note proposes that – while competition law should remain free from any political or public-interest connotation – environmental protection should be integrated in competition policy-making. It also advances some ideas on how this goal might be achieved.

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