11
February 2022
Past Event
Virtual Event | Should Companies Subsidized by China Be Permitted to Buy US Tech Firms?

Virtual Event | Should Companies Subsidized by China Be Permitted to Buy US Tech Firms?

Past Event
Online Only
February 11, 2022
Employees assemble phone components at a Lenovo/Motorola factory in Wuhan, China, on Aug. 20, 2021. (Getty Images)
Caption
Employees assemble phone components at a Lenovo/Motorola factory in Wuhan, China, on Aug. 20, 2021. (Getty Images)
11
February 2022
Past Event

1201 Pennsylvania Avenue, N.W., Suite 400
Washington, DC 20004

Speakers:
Representative Scott Fitzgerald

U.S. Representative, Wisconsin's 5th Congressional District

Representative Greg Stanton

U.S. Representative, Arizona’s 9th Congressional District

thomas_duesterberg
Thomas J. Duesterberg

Senior Fellow

This event will premiere on this page at 12:00 p.m. EST, Friday, February 11. Register for the event here

Highly subsidized Chinese companies and venture capital firms frequently use mergers or acquisitions of leading U.S. firms to access sensitive and leading-edge technologies. This endangers both U.S. defense and technology leadership and undermines fair competition in global markets. Representatives Scott Fitzgerald and Greg Stanton have introduced a bill to require acquiring or merging foreign firms to disclose any information detailing financial support or subsidies provided by a foreign government to U.S. antitrust regulators. As Congress debates the comprehensive bills to enhance U.S. competitive strength in the face of Chinese mercantilism, this would allow regulators to evaluate whether subsidies tip the scale of unfair competition in such transactions. Join Hudson Senior Fellow Thomas Duesterberg for a conversation with Representatives Fitzgerald and Stanton on these pressing issues.

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