European Commission research shows subsidies hurt industry |
| Posted by Sam Collins (samcollins) on Feb 18 2010 |
Good to see in today's FT that Oxera's research for the European Commission has proved what many of us have known for years: you actually make industry more uncompetitive by subsidising or protecting it. A future Conservative government must never be one that picks winners, bails out famous brands, nationalises failing industries, etc. We are the party of the free market and competition or we are nothing.
Last changed: Feb 18 2010 at 3:22 PM
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