The European Commission’s first merger-related foreign subsidies investigation targets a Middle Eastern operator buying shares into a Czech-owned investment firm specialised in funding European telecommunication companies.
Foreign subsidy – regulation and cases
Romania solar foreign subsidies case: Chinese intra-corporate subsidy channels in focus
In its first formal in-depth investigation into a non-European Union bidder on a public tender under a new foreign subsidies regulation, the European Commission has chosen to focus on what it conceives as a disproportionate amount of government funds received by the companies back home compared to the size of …
Foreign subsidies regulation China solar and wind cases: The next steps
The European Commission is suddenly rolling out on a grand scale a new regulation seeking to clamp down on distortions created in the European Union single market by foreign companies investing in Europe. The Foreign Subsidies Regulation started operating in October 2023. Six months on, the action the regulation’s unofficial …
EU foreign subsidies regulation : non financial contributions enter the fray
Comparing a range of international financial flows from governments to private firms with the European Union state aid environment in its single market is risky enough from the perspective of World Trade Organization legality. But the new EU foreign subsidies regulation is due to take another dive into the international …
In brief – Foreign subsidies regulation: institutions find deal
The French presidency of the EU worked until the very last hours of its rotating presidency to bring an inter-institutional agreement to bed on a regulatory file that will drastically change the way foreign investment compliance procedures will operate in the single market. This evening the three institutions announced a …
Week in Brussels: Russia sanctions, foreign subsidies trilogue, FAC Trade, Ukraine tariffs
It’s been a decisive week. EU sanctions regime ventures into new* services export restrictions European Union member states finally agreed on a sixth package of sanctions targeting Russia. The highlight of this package is a partial oil embargo – six-month phase in and piped oil excluded – on imports from …
Foreign subsidies regulation : trilogue negotiations begin
The European Union’s member states, the European Commission and the European Parliament will start inter-institutional trilogue negotiations on the EU’s new foreign subsidies regulation as soon as this week. Despite some differences in their approach capitals and member states are set to converge on a piece of legislation that might …
Foreign subsidies: EP trade committee sharpens focus on Chinese-style companies
The European Parliament’s international trade committee has adopted by unanimity its report on the European Union’s coming foreign subsidies regulation. The new piece of legislation aims at subjecting foreign investors to the same type of subsidy control system as EU firms operating in its single market’s state-aide regime. The move …
Foreign subsidies regulation: MEPs to haggle over monetary thresholds, non financial contributions
The journey of the new EU foreign subsidies regulation through the European Parliament promises to be a rocky but not impossible one as key dividing lines among political groups emerge over critical aspects of the new legislation.
Foreign subsidies regulation: ‘like-minded’ non EU business groups raise concerns
Businesses from Australia, India, Japan, Korea and the United States are not necessarily the main targets of the European Union’s new foreign subsidies regulation. But representatives from these countries’ business sectors, some of them among the top investors in the EU, are raising alarm bells about some procedural issues raised …
