12Aug
EU Seeks New Powers to Address Effects of Foreign Subsidies
Key Takeaways - The European Commission has adopted a White Paper with proposals for sweeping enforcement powers to address potential distortive effects of foreign subsidies in the EU. The White Paper suggests that the tools that are currently at the EU’s disposal are insufficient to address potential distortions of competition that are specifically caused by foreign subsidies. The White Paper therefore proposes new powers both at the Commission and Member State levels to tackle this perceived...
By:
Dechert LLP
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