On 12 January 2023, the new EU Foreign Subsidies Regulation (FSR) entered into force. The majority of the FSR will start to apply on 12 July 2023.
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.
- Jay Modrall on “The EU Foreign Subsidies Regulation’s impact on M&A“
- Rebecca Halbach and Emmanuelle Rogiest on “The EU Foreign Subsidies Regulation – closing gaps or overriding established trade rules?“
- Hanno Wollmann, Volker Weiss and Johannes Stalzer on “The Impact of the Foreign Subsidies Regulation on Public Procurement“
- Pablo Figueroa and Julia M. Böhme on “The Foreign Subsidies Regulation and Foreign Direct Investment: How to reconcile?“
- Cormac O’Daly, Georgia Tzifa and Édouard Bruc on “British subsidies post-Brexit: At the crossroads of EU Foreign Subsidies Regulation and the EU-UK Trade and Cooperation Agreement?“
- Alexandr Svetlicinii on “The Foreign Subsidies Regulation: A perspective from China“
- Daniela Weerasinghe on “The impact of the EU Foreign Subsidies Regulation on state-owned entities and sovereign wealth funds in Asia and the Middle East“
- Phil Baumann on “The Foreign Subsidy Regulation: A perspective from Switzerland“