The old argument that European governments used to justify them was that Airbus was an infantindustry that needed support to prevent Boeing from having a global monopoly of civil jet airliners.
When these mature industries are foreign, supporters of the infantindustry argument call for tariffs, a tax on foreign goods, to force the foreign price above the already higher price of the infant domestic goods.
The infantindustry argument will complain that, in such cases, if the businesses involved were just given extra profits through tariffing their foreign competition, they could pay for the labor necessary to create the infrastructure that would allow them to compete naturally without the tariff.
The 12-year-old watch brand is an infant when it comes to the venerable world of the Swiss watch industry, but it has grown up at lightning speed with technical innovations and partnerships with athletes in sports ranging from track and field to soccer to auto racing.
According to the Dutch Food Industry Federation director Philip den Ouden, there was a 50% jump in sales of infant formula this year, compared to last year.