U.S., EU must avoid subsidy race amid chip shortage: EU’s Vestager
The Hindu
“We really need to avoid a subsidy race, a race that leaves everyone poorer off,” Vestager said in a speech at the University of Leuven, warning taxpayers would have to fund this.
must avoid a subsidy race as they rush to support semiconductor production amid a global chip shortage, EU Competition Commissioner Margrethe Vestager said on Friday.
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