Benoît Coeuré proposed by the Elysée to take the head of the Competition Authority

He was sensed. Economist Benoît Coeuré was proposed by Emmanuel Macron as president of the Competition Authority, the Elysee Palace announced on Thursday, December 16 in a press release. It is now up to the National Assembly and the Senate, through their respective committees concerned, to decide on the appointment of Mr. Coeuré, called to replace Isabelle de Silva, whose mandate was not renewed this fall. .

Benoît Cœuré, 52, is little known to the general public, but he is one of the most prominent French economists. A graduate of Polytechnic and the National School of Statistics and Economic Administration (Ensae), he is currently at the head of the innovation pole of the Bank for International Settlements, nicknamed “the central bank of central banks”.

He also held several positions within the French Public Treasury and was a member of the Executive Board of the European Central Bank between 2012 and 2019. The Competition Authority, an independent administrative authority, is responsible for ensuring compliance with competition law . Its president is appointed for five years. Usually, the function is devolved to profiles of lawyers rather than economists.

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Several important files on the table

Four months before the presidential election, several important files are on the table of the competition police. Among them, the merger of TF1 and M6, which presents crucial issues for the advertising and audiovisual production market, but also the weight of tech giants like Apple and Google, already sentenced to significant fines.

While waiting for the appointment of a president of the Authority, it is its vice-president, Emmanuel Combe, who has been acting since the announcement of the non-renewal of Isabelle de Silva, who nevertheless wished to extend her mandate.

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The World with AFP