EU Anti-Subsidy Initiative: Notifications, Investigations – and a No-Deal Brexit Backstop?
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…