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During the COVID-19 pandemic, governments across the globe have
become increasingly involved in the private sector.
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State-owned enterprises have long been common in Asia, but the
pandemic has increased their prominence in Europe. In Italy and
Norway, for instance, governments are taking equity stakes in the
airline industry to help distressed companies. Now, with vaccine
manufacturing ramping up, it makes sense that governments would
intervene in the life sciences and pharmaceutical sectors as well.
In our article published earlier this month on, we analyzed the