IDEAS home Printed from https://ideas.repec.org/p/eps/ecmiwp/13566.html
   My bibliography  Save this paper

Spotify’s US listing highlights Europe’s failings

Author

Listed:
  • Lannoo, Karel

Abstract

Spotify’s listing, with an estimated market valuation of about $29 billion (€23.6 billion), is one of the largest market listings to have been launched this year. Despite the fact that the company is European (founded in Sweden) with its holding company registered in Luxembourg, it has opted to go public in the US. Karel Lannoo argues in this contribution that Europe missed a golden opportunity to show that it can provide fertile ground for high-performance high-tech firms. European rules for listings need a face-lift, as they are incomplete and complex. An initiative is urgently needed (ahead of Brexit) to enable truly pan-European offerings of securities, and even more to raise the awareness of the importance of fostering vibrant capital markets for financing enterprises.

Suggested Citation

  • Lannoo, Karel, 2018. "Spotify’s US listing highlights Europe’s failings," ECMI Papers 13566, Centre for European Policy Studies.
    • Handle: RePEc:eps:ecmiwp:13566
    as

    Download full text from publisher

    File URL: https://www.ceps.eu/system/files/ECMICommentaryNo51_KL_Spotify.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eps:ecmiwp:13566. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Margarita Minkova (email available below). General contact details of provider: https://edirc.repec.org/data/cepssbe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.