As stated in our previously published general position paper, the Confederation of Swedish Enterprise is generally critical of major sections of the EU Chips Act. Many parts of the Act are questionable from the point of view of business and from a level playing field perspective. Indeed, it could constitute a dangerous precedent for more sectoral and interventionist policymaking at an EU level.
In this paper, we advance three specific suggestions for amendments that would improve the proposal. Overall, it should be streamlined, and should focus on stimulating economic activity within the semiconductor value chain, in particular in research and development. At the same time, it should refrain from imposing ineffective mechanisms for tackling security of supply through information gathering and steering production.