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Transparency over funds to boost chip production is key to avoid state-aid bidding wars, Vestager says

By Sachiko Sakamaki ( April 30, 2023, 14:05 GMT | Insight) -- The European Union’s digital chief Margrethe Vestager said today that transparency about state subsidies offered to stimulate the production of semiconductors, electric-vehicle batteries and other innovative products is important, as governments scramble to confront global supply-chain upheaval. In an interview with a group of reporters in Tokyo, the EU official also talked about the regulation of artificial intelligence and said that she welcomed talks by G7 digital ministers to develop more precise rules to offer political guidance over the use of AI. Transparency about state subsidies offered to stimulate the production of semiconductors, electric-vehicle batteries and other innovative products is important, as governments scramble to confront global supply-chain upheaval, the European Union’s digital chief Margrethe Vestager said today....

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