White Paper

European Champions, European Commission, European Union, Foreign direct investment, Foreign investment, Foreign subsidies, Merger control, Public procurement, Subsidies, White Paper

(Norton Rose Fulbright, Belgium)/ /Leave a comment

On May 5, 2021, the European Commission (the Commission) adopted a proposal for a regulation (the Anti-Subsidy Regulation) to combat distortions of competition in the European Union (EU) caused by subsidies granted by non-EU Member States to companies doing business in the EU.  The Anti-Subsidy Regulation is an important part of the von der Leyen…

European Union, Foreign subsidies, White Paper

(Norton Rose Fulbright, Belgium)/ /Leave a comment

Adopting new tools to combat the effects of foreign subsidies is a top European Union (EU) priority for 2021; a no-deal Brexit would raise the stakes for this initiative significantly.   The European Commission (EC) believes that non-European State-owned enterprises (SOEs) and other companies receive subsidies that can distort competition in the European single market.  Trade…

European Commission, European Union, Subsidies, White Paper

(University of Vienna, Austria)/ /Leave a comment

The public consultation for the European Commission’s White Paper on Foreign Subsidies closed on September 23 this year. Perfect timing to discuss the stakeholders’ feedback. Wolters Kluwer therefore organized a webinar on October 8, 2020, involving leading experts from the Commission, WTO, OECD, and private practice: Eddy De Smijter, Head of the International Relations Unit…

European Commission, European Union, Subsidies, White Paper

, (Kirkland & Ellis) and (Kirkland & Ellis, Belgium)/ /Leave a comment

1.  Overview On 17 June 2020, the European Commission (“EC”) issued a White Paper consulting on “Levelling the Playing Field as regards Foreign Subsidies”. These are major new proposals to protect EU companies against perceived unfair advantage from companies benefitting from subsidies from non-EU States. Countries such as China and Russia have already reacted to…