Balancing environmental sustainability and market competition has been saved
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Balancing environmental sustainability and market competition
Reassessing conventional antitrust assessments to be inclusive of ESG principles
Since Environmental, Social, and Governance (ESG) concerns are gaining global prominence, businesses and regulators alike are realigning their strategies to ensure long-term viability and foster positive societal impact. However, this shift also presents challenges, as policies focussed on competition and market efficiencies may sometimes conflict with environmental priorities.
Navigating this dichotomy between competition-driven market efficiency and environmental impact is, therefore, crucial and requires balancing economic imperatives with environmental considerations to achieve sustainable development goals.
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The current business environment stresses stakeholders the need to find the right balance between financial, social, and environmental priorities, which are vital for ensuring long-term success.