Publication

Several members of the European Union (EU) over the past year have been erecting barriers to cross-border mergers and acquisitions, possibly in violation of their Single Market commitments. The main focus of these anti-competitive actions, often dubbed economic nationalism or economic patriotism by the press, is on corporate control, particularly in the banking, steel, and energy sectors. This report examines the nature and significance of rising economic nationalism, as well as how U.S. interests may be affected.