On January 15, 2025, the European Commission (“EC”) published a Recommendation (“EU Recommendation”) urging European Union Member States to start reviewing outbound investments outside of the EU in three strategic sectors: semiconductors, artificial intelligence (“AI”), and quantum technologies. Just days earlier, on January 2, 2025, the Final Rule establishing a new U.S. Outbound Investment Security Program (“OISP”) also went into effect, prohibiting investments that pose an acute national…
By: Jones Day
By: Jones Day