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EU will propose new tools to protect market, von der Leyen says - Finance news and analysis from Global Banking & Finance Review
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EU will propose new tools to protect market, von der Leyen says

Published by Global Banking & Finance Review

Posted on October 21, 2026

1 min read

· Last updated: October 21, 2026

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EU Set to Introduce New Tools to Protect Market from Unfair Competition: von der Leyen

European Commission Announces Measures Against Unfair Competition

Introduction of New Instruments

Oct 21 (Reuters) - The European Commission will propose new measures to shield the EU from unfair competition from cheap imports, EU Commission President Ursula von der Leyen said on Wednesday.

Immediate Market Access Limitations

• A new instrument should enable EU countries to "immediately" limit access to the single market when surges in cheap imports threaten European industries, von der Leyen said in a speech in the European Parliament.

Ensuring Fair Terms for Competitiveness

• "Competitiveness depends on our companies being able to compete on fair terms globally," she said.

Solidarity Package for Member States

• Von der Leyen said the Commission would also propose a "solidarity package", which should help countries that face specific trade threats.

Europe's Economic Strength as a Defensive Tool

• "In a world where economic power is increasingly used as a weapon, Europe must use its economic strength to defend its interests together," von der Leyen said.

Reporting Credits

(Reporting by Bart MeijerEditing by Tomasz Janowski)

Key Takeaways

  • Commission seeks a new mechanism for swift, comitology‑based market access limits amid import surges (euronews.com)
  • A solidarity package will support member states facing specific trade threats, reinforcing collective economic defense (2eu.brussels)
  • This complements recent EU efforts like the import barometer monitoring tool and trade‑diversion tracking to bolster market resilience (policy.trade.ec.europa.eu)

References

Frequently Asked Questions

What measures will the EU propose to protect its market?
The EU will propose new instruments for member countries to immediately limit access to the single market in response to surges in cheap imports threatening European industries.
Who announced the new EU market protection measures?
The measures were announced by EU Commission President Ursula von der Leyen during a speech in the European Parliament.
How will the EU support countries facing trade threats?
The Commission will propose a solidarity package to help countries that face specific trade threats.
Why are new market protection tools deemed necessary by the EU?
Von der Leyen stated that in a world where economic power is increasingly used as a weapon, Europe must defend its interests and competitiveness.
When were the new EU market measures announced?
The announcement was made on Wednesday, October 21.

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