European Community Competition Commissioner Sir Leon Brittan suspects that the $1,000m the French government wants to pump into SGS-Thomson Microelectronics NV – with the Italian government tagging on behind, is nothing more than a vast state subsidy to the chipmaker, which hopes to creep into profit this year for the first time since its creation: […]
European Community Competition Commissioner Sir Leon Brittan suspects that the $1,000m the French government wants to pump into SGS-Thomson Microelectronics NV – with the Italian government tagging on behind, is nothing more than a vast state subsidy to the chipmaker, which hopes to creep into profit this year for the first time since its creation: the Competition Directorate General is expected to launch a full investigation of the proposal.