Canada, Australia, Japan tech trade groups warn EU's made-in-Europe push may exclude foreign firms
By
Reuters Staff
A baker's-dozen of insight crammed into one ring.
Summary
Trade associations representing technology companies in Canada, Australia, and Japan have expressed concerns that the European Union's push to develop and prioritize homegrown technologies—such as EU-made semiconductors, cloud services, and digital infrastructure—could effectively shut out non-European tech firms from the European market. The groups warn that protectionist policies under the "made-in-Europe" drive may violate WTO rules and harm global tech trade, urging the EU to maintain an open and competitive market.
Key quotes
· 3 pulledEurope's push to cut its reliance on U.S. Big Tech with EU-made technologies and chips could shut out other non-EU players from the European market, trade bodies representing tech companies in Canada, Australia and Japan warned on Monday.
The groups urged the European Commission to ensure that any new regulations or industrial policies do not discriminate against foreign companies or violate World Trade Organization rules.
We are concerned that the EU's focus on technological sovereignty could lead to protectionist measures that undermine the open global trading system.
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