The EU should end subsidies and price-fixing to help developing countries
SUGGESTED
![](https://iea.org.uk/wp-content/uploads/2016/07/146900634658497-14-1200x450.jpg)
Dr John Meadowcroft writes a letter to The Financial Times
John argues that “The EU should end subsidies and price-fixing and allow imports from the developing world to compete freely with home-grown products. This would have a far greater positive impact on the world’s poor than the EU’s current multi-million euro development aid budget. Companies such as Microsoft should be granted the freedom to strive for whatever competitive advantage they can muster; in a free market only the consumer has the power to grant an effective monopoly to any company, large or small.”