FRANKFURT—The European Union plans to unveil draft rules on Wednesday aimed at cracking down on state-subsidized foreign companies in Europe, a move that could allow regulators to pursue big Chinese companies in much the same way they haveThe legislation is the latest sign of Europe’s shifting stance toward China, the bloc’s biggest trading partner for goods and a crucial market for its exporters.
If approved by the EU’s 27 governments and the European Parliament, the rules would grant the bloc’s muscular antitrust authorities new powers to block foreign companies from
Very please to hear
You are referring to policies of the EU via the EC and vonderleyen are well aware of internationalism and Apple, Amazon, Facebook, and Google; another Social Dilemma moment that is much more critical than social media: tweets and posts and shares. 💋
Which Chinese company isn't state controlled thou ?
“Concerns” more like the “fact” that Chinese companies are constantly stealing foreign technology.
AngelaMerkel wants to recover PUBLIC MONEY STOLEN by tax evasion to finance NEW product & organizational MODELS : spatial & town planning-direct & economic democracy-social ecology-education-research-health.. European Commission estimates TAX EVASION in UE at 3ooo billion/YEAR
Baidu Alibaba Tencent are the biggest tech SOEs of China.