European Union:
British Subsidies Post-Brexit: At The Crossroads Of EU Foreign Subsidies Regulation And The EU-UK Trade And Cooperation Agreement?
24 January 2023
WilmerHale
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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.
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Originally Published by Wolters Kluwer
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