This research note responds to recent debates about new intergovernmentalism and argues that the hypotheses of Bickerton, Hodson and Puetter overlook the roles non‐state actors play in the integration process. It intends to open up a debate about private power and the new intergovernmentalism, demonstrating that the concentration of powers of national governments has proceeded alongside the concentration of powers of transnational business interests in Europe. The note draws on the example of the civil security industry and Justice and Home Affairs policies in order to modify the six hypotheses of new intergovernmentalism.