Foreign subsidies regulation
5 May 2021
On 5 May 2021, the European Commission (the Commission) published its proposal for a Regulation on foreign subsidies distorting the internal market (draft Regulation) enabling it to take measures against market-distorting subsidies from foreign governments. The Commission would be empowered to intervene in takeovers of EU companies or public procurement bids when they are supported by state subsidies from third countries.
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Clifford Chance
