Aid and Abet? The Role of State Aid in Shaping EU Industrial Policy (And its Limits)
Recently, the European Union’s industrial policy has undergone a renaissance. Faced with mounting geopolitical uncertainties, increased global competition, and the urgency of “twin transitions” (digital and green), the EU has identified a pressing need to bolster strategic sectors, accelerate innovation, and ensure resilience within the internal market. The Letta and Draghi Reports can vouch for…