New tool to protect internal market against distortive foreign subsidies

This article is brought to you in association with the European Parliament. Parliament set its negotiating position on legislation designed to counteract market-distorting foreign subsidies granted to companies operating in the EU. The new tool gives the EU Commission the power to investigate and counteract market-distorting foreign subsidies granted to companies set to acquire EU businesses […]

Statement by Executive Vice-President Margrethe Vestager on the Commission’s proposal for a new Regulation to address distortions caused by foreign subsidies in the Single Market

This article is brought to you in association with the European Commission. “Check against delivery” Today, the European Commission has adopted two initiatives that will help build a stronger and more resilient European economy. We’ve put forward legislation that will give us the power to tackle foreign subsidies that harm fair competition in the Single Market. […]

Commission proposes new Regulation to address distortions caused by foreign subsidies in the Single Market

This article is brought to you in association with the European Commission. The European Commission proposes today a new instrument to address potential distortive effects of foreign subsidies in the Single Market. Today’s legislative proposal follows the adoption of the White Paper in June 2020 and an extensive consultation process with stakeholders. It aims at closing the […]