UNDERREPRESENTATION OF EU COMPANIES IN TRANSATLANTIC TRADE TALKS
Based on AALEP’s research, there are close to 100 multinational corporations on both sides of the Atlantic that seek to directly influence and/or shape the transatlantic economic negotiations agenda, through active participation and support to organizations such as the Trans-Atlantic Business Council (TABC), the Transatlantic Policy Network (TPN) or the recently created Business Coalition for Transatlantic Trade (BCTT).
Out of 95 multinational corporations identified 57 are U.S. (i.e. their headquarters are located in the United States) and 38 are European (i.e. their headquarters are located on the European continent). 36 have their headquarters within the EU.
Germany counts one third of all European companies (13 out of 38). The following European countries are represented (Austria, Belgium, France, Germany, Ireland, Italy, Netherlands, Norway, Spain, Sweden, Switzerland and the United Kingdom).
The following EU countries are not represented (Bulgaria, Croatian Cyprus, Czech Republic, Denmark, Estonia, Finland, Greece, Hungary, Latvia, Lithuania, Luxembourg, Malta, Poland, Romania, Slovakia, Slovenia).
As negotiations have started towards a transatlantic free trade agreement export-oriented EU countries are urged to increase their public policy advocacy activities to defend their interests.
According to report published in February 2013 by the INFOINSTITUT (Germany) commisioned by the German Federal Ministry of Economics and Technology a transatlantic free trade agreement would result in the following long term gross domestic product per capita increase for EU countries: Austria + 2.71%; Belgium + 3.63%; France + 2.64%; Germany+ 4.68%; Greece + 5.13% ; Italy + 4.92%; Netherlands + 4.43%; Poland + 3.73%; Spain + 6.55 %; Sweden + 7.3%; United Kingdom + 9.7%. On the basis of these figures, major companies especially from Austria, Belgium, France, Greece, Italy, Netherlands, Poland, Spain, Sweden and the UK should be more proactive and engage in public policy activity.
U.S. Multinationals (57)
- AIG
- Albermarle
- Amgen
- Amway
- Applied Materials
- ASTM International
- AT&T
- BDO
- Boeing
- Caterpillar Inc.
- Chrysler
- Cisco Systems
- Citi
- Coca-Cola
- Cognizant
- Covington & Burling LLP
- Deloitte
- Dow Chemical
- EABO
- Endo Pharmaceuticals
- FedEx
- First Data
- Ford Motor Co.
- Fragomen
- GE
- Hewlett Packard
- Hogan Lowells
- IBM
- Intel
- Johnson & Johnson
- Johnson Controls
- JP Morgan Chase
- K&L Gates
- KPMG
- Lilly
- Merck & Co
- MetLife
- Microsoft
- NCR
- Oracle
- Pfizer
- Phillip Morris International
- PwC
- Qualcomm
- Red Hat
- Syngenta
- Texas Instruments
- The McGraw-Hill Companies
- Time Warner
- Truste
- Tyco International
- Underwriters Laboratories
- United Technologies Corporation
- UPS
- Verisign
- Verizon
- Walt Disney Company
European Multinationals (39)
Austria (1)
- OMV
Belgium (1)
- Umicore
France (5)
- Alstom
- EADS
- LVMH
- Michelin
- Total
Germany (13)
- Allianz
- Audi AG
- BASF
- Bayer
- Bertelsmann AG
- Boehringer Ingelheim
- Daimler AG
- Deutsche Bank
- Deutsche Telekom
- Haitkamp & Thumann
- SAP
- Siemens
- Thyssen Krupp
Ireland (3)
- Accenture
- Covidien
- Experian
Italy (2)
- ENI
- Telecom Italia
Netherlands (1)
- Philips Electronics
Norway (1)
- Statoil
Spain (2)
- BBVA
- Telefonica
Sweden (2)
- Investor AB
- Kreab Gavin Anderson
Switzerland (1)
- Nestlé
United Kingdom (6)
- BP (UK)
- Brick Court Chambers (UK)
- British American Tobacco (UK)
- British Telecom (UK)
- Ernst & Young (UK)
- Grant Thornton (UK)
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