When redefining company sizes in EU law, the threshold for the number of employees must also be raised

The EU Commission plans to change the definition of large companies in EU law. Raising the thresholds of turnover and balance sheet would mean that fewer companies would be considered large and would therefore fall outside the scope of some extensive regulations. We welcome this plan, but call for the threshold for the number of employees to be raised as well. In addition, we suggest further differentiating the group of large companies for regulatory purposes.

Our submission to the consultation can be found here.