The chief executive of Ericsson expressed concerns over Europe's competitiveness, attributing its decline to excessive regulation. He warned that the region's industry is at risk of disappearing, calling for changes to antitrust policies. Other voices echoed similar sentiments, highlighting the negative impact of over-regulation on innovation and industry in Europe.
Ericsson CEO says that Europe is going to become a museum of tech due to over regulation. Unfortunately, he’s right. But the first step to fixing the problem is acknowledging that you have one. Kudos. https://t.co/YxAfPggwrl
European legislators “regulate first and ask questions later.” Read my latest op-ed on how EU regulators are attempting to strip value from American tech companies, rather than investing in their own innovation ecosystem. @RealClearWorld https://t.co/63FTtSNek4
Europe is losing its competitiveness due to over-regulation. Ericsson CEO Ekholm is but one more voice, but will Brussels listen? Hardly. He said the focus on regulation “is driving Europe to last place [and] is driving Europe to irrelevance” which was why he believed it was “on… https://t.co/7QUbEMU2mZ
The CEO of one of Sweden's biggest companies thinks regulation is decimating Europe's competitiveness and will leave "no industry left." https://t.co/ysRYsBXXZn
"The chief executive of Ericsson said a focus on regulation was 'driving Europe to irrelevance' as he warned that the region’s competitiveness was being undermined and called for changes to antitrust policy." (via GS desk) @FT https://t.co/9VmJ5Wmc3T
The Ericsson CEO said the focus on regulation “is driving Europe to last place [and] is driving Europe to irrelevance” which was why he believed it was “on the way to becoming a museum — great food, great architecture, great scenery [and] great wine but no industry left”. @FT https://t.co/500HGHtE0F
Is regulation driving Europe to irrelevance? Yes, according to the chief executive of Ericsson https://t.co/dVoF7l5Ze4