France's Macron says U.S. policy driven by private sector interests

French President Emmanuel Macron speaks during a news conference with New Zealand's Prime Minister Jacinda Ardern (not pictured) at the 'Christchurch Call Meeting' at the Elysee Palace in Paris, France May 15, 2019. Yoan Valat/Pool via REUTERS - Copyright POOL(Reuters)

By Reuters

Published on 16/05/2019 - 13:34•Updated 26/04/2024 - 09:55

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PARIS (Reuters) - President Emmanuel Macron said on Thursday the private sector had excessive influence on U.S. policy and he reiterated his wish to see Europe offer a middle way between China's state-controlled economy and the United States's laissez-faire model.

"The United States are a formidable continent but they have a model which is completely steered by big private sector players and which is no longer subject to democratic checks and balances," Macron said at the end of a question and answer session at a tech summit in Paris.