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On 12 July 2023, the majority of the new EU Foreign Subsidies Regulation (FSR) will start to apply. 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.
If you would like to learn more about Kluwer Law International's solutions or if you have any questions, please contact us.
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