The European Commission’s proposal for an Industrial Accelerator Act is intended to strengthen the EU’s industrial competitiveness, stimulate decarbonisation, and reduce strategic supply-chain dependencies.
To achieve these objectives, the proposal intervenes in several regulatory frameworks, in particular public procurement and foreign direct investment screening related to certain strategic sectors. In a two-part series, we highlight the most important measures affecting these regulatory frameworks.
Adding value through tighter control of foreign investments
On 4 March, the European Commission adopted its highly anticipated proposal for a regulation establishing a framework of measures for accelerating industrial capacity and decarbonisation (IAA or Industrial Accelerator Act), see the press release here.