Client AlertThe proposal for the EU’s Industrial Accelerator Act (IAA) formally published on 4 March and reveals a shift in industrial policy priorities, including first steps towards ‘Buy European’ in government procurement that totals over 2 trillion EUR and represents 14% of entire EU GDP.
In the most recent behind-the-scenes negotiations, the focus shifted away from high tech sectors like AI, quantum and semiconductors (now excluded from the scope) and the proposal now zeroes in on decarboni...
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