CCIA Warns EU Foreign Subsidies Plan Could Deter Investment Needed for Economic Recovery

Brussels, BELGIUM — The Computer & Communications Industry Association (CCIA Europe) backs the European Commission’s crackdown on distortive foreign subsidies but fears that the proposal, as it stands, could inadvertently discourage third-country organisations from providing the investment required to help fund Europe’s post-pandemic recovery. In its position paper on the EU Regulation on foreign subsidies,…