The European Parliament gave the green light to new measures that will allow for more intense screening of foreign takeovers in Europe’s strategic sectors, a move that comes amid heightened concerns about investments by Chinese companies.
The draft legislation was adopted by a margin of 500-49, with 56 abstentions. Though limited in scope, the new powers aim to protect EU sectors like water, transport, communications and technologies, including semiconductors, artificial intelligence, and robot...
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