BRUSSELS - The EU plans to adopt more protectionist antitrust rules and encourage businesses to share data as part of an industrial policy overhaul aimed at giving European companies a sharper edge in global markets, a strategy document seen by Reuters shows.
Drafted by the European Commission and set to be unveiled in March, the strategy also includes the more aggressive use of trade defense instruments against companies deemed to be benefiting unfairly from foreign subsidies.
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Great image!
As much as the EU is pocketed by China and the US, it’s good to see their regained awareness in safeguarding national interests, especially in terms of technology transfers. This is the only way to keep EU intact and avoid another exiting member like the UK.
Let’s hope that any infrastructure paid with our money, public money, is compelled to share data openly. smatrics_com
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