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European Union › Subsidies › Corporate Counsel

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
White & Case LLP

The EC sheds light on the key concept of distortion under the EU Foreign Subsidies Regulation

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The European Commission (EC) has issued preliminary clarifications concerning the distortion test under the new Foreign Subsidies Regulation (FSR). These preliminary clarifications come only a year after the FSR came into...more

Sheppard Mullin Richter & Hampton LLP

The EU Foreign Subsidies Regulation: New Rules for All Companies Active in the EU

Sheppard Mullin Richter & Hampton LLP on

On 12 July 2023, the new EU Foreign Subsidies Regulation (“FSR”) started applying to all non-EU and EU companies and all sectors of the economy. FSR filled a regulatory gap which existed since 1958. The European Commission...more

Goldberg Segalla

European Union Moves to Create Subsidy Regime to Counteract U.S. Clean-Tech Policies

Goldberg Segalla on

The European Union plans to push back against the clean-tech tax breaks provided in the Inflation Reduction Act (IRA) by easing subsidy rules and creating a new source of money to help member states compete with the United...more

Jones Day

EU Foreign Subsidies Regulation Filings Mandatory Starting in October 2023

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The foreign subsidies regulation ("FSR") requires prenotification of certain large M&A transactions and public bids involving companies that receive subsidies from governments outside the European Union ("EU")....more

White & Case LLP

The EU adopts the long-awaited Foreign Subsidies Regulation

White & Case LLP on

On 28 November 2022, the EU adopted the Foreign Subsidies Regulation, giving the European Commission powers to intervene to tackle foreign subsidies distorting competition in the EU internal market. The FSR, due to apply by...more

Husch Blackwell LLP

WTO Rules That EU Can Impose $4 Billion In Tariffs On U.S. Imports

Husch Blackwell LLP on

The World Trade Organization (WTO) issued a decision that the European Union (EU) is authorized to impose tariffs on approximately $4 billion worth of annual imports from the United States, an amount the WTO found to be...more

Dechert LLP

EU Seeks New Powers to Address Effects of Foreign Subsidies

Dechert LLP on

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...more

ArentFox Schiff

Holiday Rush: Section 301 Tariff Developments Impact US Importers

ArentFox Schiff on

Section 301 of the Trade Act of 1974, 19 U.S.C. § 2411, authorizes the president to take retaliatory action if it is determined that a trade act, policy, or practice of a foreign government is unreasonable or discriminatory...more

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