Commission green lights state-aid partnership for cloud computing

Partnership will support R&D into cloud and edge computing technologies across EU

The European Commission has approved up to €1.2 billion of state aid for a cloud computing partnership between EU member countries, which will be used for activities including research.

EU rules prevent its members from providing state aid that would distort competition between companies. But exceptions can be made for market failures where the private sector is unwilling to shoulder the risk of investing to drive innovation.