New state aid rules likely to distort competition and slow down innovation
Emma Revell writes for The Telegraph
Victoria Hewson quoted in City AM
Commenting in City AM, Victoria Hewson, Head of Regulatory Affairs at the IEA said: “Governments are notoriously bad at picking winners, whether that’s in the UK or at the EU level”.
Furthermore, Hewson argued that “using taxpayers’ money to prop up failing businesses is likely to distort competition, slow down innovation and favour incumbents”.
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