Chips Act: legislation on the fly

Four months ago, Ursula von der Leyen announced a legislative proposal to promote the chip industry, and the Commission intends to deliver shortly. However, experts and industry warn against setting the wrong priorities in a rush.

Thierry Breton is stepping up the pace. The European Commissioner for Internal Market wants to present the proposal for a European Chips Act „in a few weeks“, according to sources close to him. The responsible staff members in his cabinet and the Directorates-General involved are currently working almost around the clock, according to the Commission, and their Christmas break has been „very short“.

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