European Union wants to protect its “critical technology”

On October 3, 2023, the European Commission presented its list of “critical tech industries for the European Union’s economic security.” It includes four sectors: semiconductors, artificial intelligence, quantum information and biotech. The European executive aims to protect them against leaks, particularly ones caused by China.

In order to do so, each member-State must carry out risk assessments by the end of 2023. Brussels will then suggest mitigation measures. A dedicated bill could see the light of day over the course of 2024. The approach is part of the “European strategy for economic security project,” presented in June 2023.

In particular, the European Commission is emphasizing dual-use technology, i.e. civilian tech that could be hijacked for military purposes. This was one of the key criteria in drafting the list. To avoid technology theft, Brussels is intent on strengthening the v