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The EC Issues Guidance on Assessing Market Distortions Under the Foreign Subsidies Regulation

The Situation: The European Commission ("EC") has released its first guidance on assessing market distortions under the Foreign Subsidies Regulation ("FSR")....more

EU Adopts Reporting Requirements for Transactions and Public Bids Under the Foreign Subsidies Regulation

In Short - The Situation: On July 10, 2023, the European Commission ("EC") adopted the Implementing Regulation ("IR") and the corresponding notification forms (Form FS-CO and Form FS-PP), which specify the information and...more

EU Foreign Subsidies Regulation Filings Mandatory Starting in October 2023

The foreign subsidies regulation ("FSR") requires prenotification of certain large M&A transactions and public bids involving companies that receive subsidies from governments outside the European Union ("EU")....more

EU Readies New Regulation of Foreign Subsidies That "Distort the EU Market"

Overview of the FSR - The Treaty on the Functioning of the European Union ("TFEU") prohibits any form of public financial support selectively granted to businesses that distorts competition, absent an exception. The EU's...more

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