On 12 July 2023, the majority of the new EU Foreign Subsidies Regulation (FSR) will start to apply. The FSR constitutes a new investigatory review tool for the European Commission. It will focus on economic behaviour on the internal market by companies who received foreign subsidies from non-EU States. It will step next to the established competition, merger control, state aid, FDI and trade rules of the EU. The FSR will have a huge impact and has the possibility to seriously limit the business of third state funded companies in the EU.
Businesses and transaction lawyers should start to familiarize themselves with this new Regulation, which will impact their ongoing business in the EU. This White Paper from Kluwer Competition Law gives an overview of the new systems and prepares readers for the necessary steps to be taken to get ready for investigations under the new system. Furthermore, experts of the field shed light on specific topics and their expectations.
The report is downloadable for free after filling up the form on the right.