News & Analysis as of

Foreign Subsidies State Aid

Hogan Lovells

European Commission Launches Consultation on FSR Guidelines

Hogan Lovells on

The European Commission (EC) has launched a Call for Evidence to shape its upcoming Guidelines on the Foreign Subsidies Regulation (FSR). The Guidelines will be published by 13 January 2026 and aim to provide much-needed...more

Jones Day

EU Emergency Response Update – Key Policy & Regulatory Developments No. 110

Jones Day on

This regular alert covers key regulatory developments related to EU emergency responses, including in particular to Russia’s war of aggression against Ukraine, COVID-19, and cyber threats. It does not purport to provide an...more

WilmerHale

EU Foreign Subsidies Regime: Publication of Final Implementing Regulation

WilmerHale on

The EU’s Foreign Subsidies Regulation (FSR) was adopted in late 2022. Its stated aim is to combat the effects of competitive distortions caused by foreign subsidies in the EU internal market and thereby level the playing...more

Eversheds Sutherland (US) LLP

EU Foreign Subsidy Regulation applies to US and multinational companies active in the EU as of July 2023, and disclosure of tax...

Beginning July 12, 2023, the European Commission (Commission) may begin “ex officio” investigations of financial contributions that companies receive from non-EU governments. The Commission may request information or conduct...more

Cadwalader, Wickersham & Taft LLP

European Commission Approves €515 Million in State Aid from Spain and Germany to Build Hydrogen-Powered Steel Plants

On February 17, 2023, the European Commission granted approval for the Spanish and German governments to subsidize the construction of two renewable hydrogen-powered steel production facilities for Europe’s largest...more

Skadden, Arps, Slate, Meagher & Flom LLP

EU To Step Up Enforcement Against Foreign State-Backed Companies

If you (i) receive some form of financial support from foreign (non-EU) governments, and (ii) have activities or are planning to acquire a business in the EU, then you will want to read on....more

Orrick - Antitrust Watch

EU Foreign Subsidies Regulation Likely in Force in 2023

Following a trend towards protectionism that seems quite fashionable in many jurisdictions globally those days, the European Commission proposed, on 5 May 2021, a regulation on foreign subsidies distorting the internal market...more

Sheppard Mullin Richter & Hampton LLP

Nota Bene Episode 102: Examining European Union State Aid in the Face of COVID and Brexit with Jacques Derenne and Robert Klotz

As European Union State aid rules evolve in their efforts to “level the playing field” among member states, we’re examining the impact of current events like COVID-19 and Brexit on general State aid rules and discussing...more

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