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THE SYNERGY OF EU COMPETITION AND INDUSTRY POLICIES WITHIN THE INDUSTRY 4.0 CONCEPT: PARALLELS AND CHALLENGES

Marcel Kordoš ()
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Marcel Kordoš: Alexander Dubcek University in Trencin

Medzinarodne vztahy (Journal of International Relations), 2020, vol. 18, issue 1, 21-35

Abstract: The forthcoming Industry 4.0 Industrial Revolution, also called a digital revolution, is characterized by a blending of technologies that erase the boundaries between physical, digital and biological spheres. Industrial policy is a set of activities and actions affecting the manufacturing and service sectors. New approach of the EU Competition policy focuses mainly on its standards such as antitrust, merger control and state aid control measures. Within the analysis of the EU industrial policy characteristics and EU Com-petition policy issue the paper deals with the utilization rate of their current efficiency regarding the Industry 4.0 concept agenda. This synergy in the way of further possible increasing of EU industrial policy influence and EU Competitiveness agenda under the Industry 4.0 agenda will have a significant impact on EU socio-economic development and EU labor market situation.

Keywords: competitiveness enhancement; automation and robotics; international economics; social and economic development; technology advance and innovation (search for similar items in EconPapers)
JEL-codes: F02 F59 O31 (search for similar items in EconPapers)
Date: 2020
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