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Swedish industry warns EU Industrial Accelerator Act could hurt competitiveness

( May 19, 2026, 15:39 GMT | Official Statement) -- MLex Summary: Swedish industry has warned that key parts of the European Commission’s proposed Industrial Accelerator Act, including planned European preference rules, risk undermining the bloc's competitiveness. Made in Europe rules could raise costs, reduce supply-chain flexibility and increase bureaucracy, the Confederation of Swedish Enterprise said in a position paper. The EU should avoid restricting foreign investment and instead focus on measures that improve permitting procedures and support low-carbon production, it said, adding that any industrial “acceleration areas” should remain voluntary for member states.The statement is attached....

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