Foreign Subsidies Regulation

On October 12, 2023, the notification obligations under the EU Foreign Subsidies Regulation (FSR) took effect.  Businesses must notify all M&A deals (if signed on or after July 12 and not yet implemented by October 12) and public procurement tenders (for offers submitted on or after October 12) meeting the relevant thresholds. Continue Reading Notification Obligations under the EU Foreign Subsidies Regulation Take Effect

On February 6, 2023, the European Commission (“Commission”) launched a public consultation on its proposed rules and procedures for merger and public procurement notifications under the EU Foreign Subsidies Regulation (“FSR”). Continue Reading Commission Consults on Notification Requirements and Process for EU Foreign Subsidies Regulation

Businesses applying for aid in disadvantaged regions of the EU will face new rules after December 31, 2021.

The new EU Regional Aid Guidelines increase the thresholds for aid intensity, but reduce the geographic areas eligible for aid in many Member States, which could affect the availability of aid for different companies.

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On May 5, 2021, the European Commission proposed a new draft regulation that, if adopted, would introduce sweeping measures aimed at controlling the impact of foreign subsidies on the EU single market.  The Proposed Regulation reflects the EU’s policy priority to pursue an “open strategic autonomy” and fits into the EU Industrial Strategy, updated