EU foreign subsidies regulation (November 2022)
Client Briefings
Introduction
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On 10 November, the European Parliament adopted the Regulation on foreign subsidies distorting the internal market (the Regulation) enabling the European Commission (the Commission) to take measures against market-distorting subsidies from non-EU countries. The Commission would be empowered to intervene in takeovers of EU companies or public procurement bids when they are supported by subsidies from third countries.
