THE PERFECT STORM: A TIME OF TRUTH FOR EUROPE?
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THE PERFECT STORM: A TIME OF TRUTH FOR EUROPE?
@bruxconf2025.bsky.social
The Perfect Storm Conference, Brussels, Thursday 30th January
A room full of applause for Lina Khan to close out the day

@cristinacaffarra.bsky.social
@capitolforum.bsky.social
January 30, 2025 at 5:29 PM
Happening now: Lina Khan's remarks, moderated by @cristinacaffarra.bsky.social and @capitolforum.bsky.social's Teddy Downey
January 30, 2025 at 5:19 PM
@capitolforum.bsky.social executive editor and CEO Teddy Downey sits down for an interview with Lina Khan to wrap up the day

@cristinacaffarra.bsky.social
January 30, 2025 at 5:06 PM
📸 Snapshots from our last panel, “Algorithmic Amplification, Platform Power, Freedom of Speech and Tech Oligarchs”

@cristinacaffarra.bsky.social
January 30, 2025 at 4:49 PM
📸 A look at our last panel, “How Will Trump 2.0 Wield Antitrust Policy, and Deliver on Economic Populism?”

@cristinacaffarra.bsky.social
January 30, 2025 at 3:21 PM
Jacob Mchangama, Founder and Exec Director of The Future of Free Speech, says there are good reasons to be wary of Big Tech, but the European approach is worse than the disease in many ways. “It’s likely to contribute to rollbacks of important historical gains.”

@cristinacaffarra.bsky.social
January 30, 2025 at 2:42 PM
Barry Lynn of @openmarkets.bsky.social notes that despite political differences, he worked across the aisle with TX AG Paxton on the Google AdTech case. “Everybody is threatened by the same corporation, by the same concentration of power,” he says.

@cristinacaffarra.bsky.social
January 30, 2025 at 2:00 PM
U.S. GDP has been growing but so has income inequality, Rebecca Slaughter, U.S. Federal Trade Commissioner notes. “Who is the GDP growth benefitting and who is getting the value out of that?” she asks. The U.S. is cautionary tale for Europe on this front, she says.

@cristinacaffarra.bsky.social
January 30, 2025 at 1:55 PM
(2/2) Where is it rhetoric or where is it reality? Eight days in, I have trouble reconciling some of what we’ve just heard about challenging corporate power with what’s happening.”

@cristinacaffarra.bsky.social
January 30, 2025 at 1:53 PM
(2/2) but I think there’s going to be some real questions and fights inside the [Trump] Administration about whether we’re going to take the risks to solve these structural problems or are we going to sit back and do a tax bill.”

@cristinacaffarra.bsky.social
January 30, 2025 at 1:36 PM
Texas Attorney General Ken Paxton discusses large tech platforms’ legal challenge to the state’s non-discrimination obligations. “They’re having their cake and eating it too,” he says.

@cristinacaffarra.bsky.social
January 30, 2025 at 1:15 PM
We're back, now with Ken Paxton, Attorney General of Texas.

@cristinacaffarra.bsky.social
January 30, 2025 at 1:13 PM
We've paused for lunch, but come back afterward to follow along and join us for our next panel: "How Will Trump 2.0 Wield Antitrust Policy, and Deliver on Economic Populism?"

@cristinacaffarra.bsky.social
January 30, 2025 at 12:35 PM
Ambassador Tai has some strong words in response to Adam Tooze -

“It was not fun being Biden’s trade representative. Where was Europe these past four years? Our futures our bound together, fortunately or unfortunately.”

@cristinacaffarra.bsky.social
January 30, 2025 at 12:28 PM
Though Adam Tooze says he agrees with @sandertordoir.bsky.social when it comes to industrial policy. “Whereas it’s very clear what’s wrong with Europe on the macro side, the estimation of the problems on the industrial policy side is much harder to do,” he notes.
January 30, 2025 at 12:16 PM
(3/3) Adam Tooze: “Europe’s problems are a mixture of structural issues and compounding political failure.”

@cristinacaffarra.bsky.social
January 30, 2025 at 12:15 PM
(3/3) Rohit Chopra: “I think what’s really exciting is that we have a new way of thinking that’s tossing those models out. It’s important for us to say the models were wrong.”

@cristinacaffarra.bsky.social
January 30, 2025 at 12:11 PM
(1/2) Ambassador Tai says shipbuilding is an area ripe for cross-border alliances. She points to the U.S. investigation report on China’s compliance with WTO regulations in shipbuilding, which found economic harm to U.S. shipbuilding sector.
January 30, 2025 at 12:06 PM
(1/2) Scenes from our current panel, "The Battleground for Global Economic Domination, What’s Next for Europe, as the US and China Fight for Supremacy?"
January 30, 2025 at 12:02 PM
“Outside of this room, there’s still a lot of resistance to change,” Ambassador Tai says. The focus is to “flip the switch” on trickle-down economics because that does not work, she adds.

@cristinacaffarra.bsky.social
January 30, 2025 at 11:48 AM
(3/3) “A lot of the incentives of the largest firms on the planet sometimes seem more aligned with the policy interests of the Chinese Communist party than they are with the U.S. and Europe,” he says, noting the push against data protections in the race to develop AI.
@cristinacaffarra.bsky.social
January 30, 2025 at 11:38 AM
MIT’s Simon Johnson says the changing dynamic between US and China will have “major repercussions” for Europe. That should be the “main driver” at the moment.

@cristinacaffarra.bsky.social
January 30, 2025 at 11:25 AM
(2/2) “We wanted to do so in a way that made sure this is empowering workers and benefiting communities all across the country,” she says.

@cristinacaffarra.bsky.social
January 30, 2025 at 11:22 AM
(2/2) But in green technology, an area the Biden Admin was pushing, “the EU is actually doing pretty well,” he says, noting that the IMF database on low-carbon tech trades shows the EU is not that far behind the world leader China.

@cristinacaffarra.bsky.social
January 30, 2025 at 11:10 AM
(3/3) At some point “we stopped making that progress in the last four years” because “it was very hard for Brussels to meet us, in the Biden Administration driving trade policy, where we were.” - Katherine Tai, Former U.S. Trade Representative

@cristinacaffarra.bsky.social
January 30, 2025 at 11:04 AM