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European Commission Mergers Foreign Subsidies

White & Case LLP

The Draghi Report: A Blueprint for the EU Competition Commissioner-Designate?

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The Draghi Report proposes substantial reform in the area of competition law, notably offering a critical assessment of recent policies implemented by the European Commission in merger control and antitrust enforcement. The...more

A&O Shearman

Antitrust in Focus - October 2024

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This newsletter is a summary of the antitrust developments we think are most interesting to your business. Roxane Hicheri (counsel based in Paris) and Mark Steenson (counsel based in London) are our editors this month. They...more

K&L Gates LLP

Encouraging Signs From the European Commission's First Conditional Clearance of an Acquisition Under the Foreign Subsidies...

K&L Gates LLP on

The Foreign Subsidies Regulation that entered into full effect late in 2023, added a third layer of regulatory scrutiny for large European Union (EU) Mergers and Acquisitions, in addition to merger control and foreign...more

Skadden, Arps, Slate, Meagher & Flom LLP

The EU Foreign Subsidies Regulation Beds Down: 10 Enforcement Trends

The EU’s Foreign Subsidies Regulation (FSR) allows the European Commission (EC) to investigate and remedy subsidies received from non-European countries that distort the EU internal market. As the FSR marks its inaugural year...more

Hogan Lovells

Friction, Scrutiny and Risk: One year of EU Foreign Subsidies Regulation filings

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Most companies operating or intending to operate in the EU will have by now heard about the Foreign Subsidies Regulation (FSR). The three-headed chimera, which allows the European Commission (Commission) to address...more

BCLP

Commission's First Decision Under the Foreign Subsidies Regulation Authorising a Concentration Subject to Conditions

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On 24 September 2024, the European Commission adopted its first decision under the Foreign Subsidies Regulation (“FSR”)....more

McGuireWoods LLP

European Competition Law Newsletter – October 2024

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Top EU Court Finds Booking.com’s Price Parity Clauses Not Ancillary to its Operation - If a main operation or activity is neutral or positive in its competitive effect and therefore falls outside EU competition law, then...more

Hogan Lovells

Five takeaways from the European Commission’s first commitments case under the Foreign Subsidies Regulation

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For the first time, the European Commission has accepted commitments in a merger case reviewed under the EU Foreign Subsidies Regulation. What can we learn from the Commission’s announcement to clear the deal? We set out...more

McGuireWoods LLP

European Competition Law Newsletter – September 2024

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European Commission Provides Guidance on Foreign Subsidies Regulation - Under the EU Foreign Subsidies Regulation (FSR), the European Commission (EC) has the power to investigate financial contributions granted by non-EU...more

Alston & Bird

European Commission Opens First M&A In-Depth Investigation Under the Foreign Subsidies Regulation

Alston & Bird on

Our Antitrust Team reviews how the European Commission is using the Foreign Subsidies Regulation (FSR) and, for the first time, performed an in-depth investigation into whether the acquirer of a company with activities in the...more

Hogan Lovells

The European Commission launches its first ex-officio investigation under the FSR into Chinese wind turbines

Hogan Lovells on

On 9 April 2024, the European Commission launched its first ex-officio investigation under the EU Foreign Subsidies Regulation, targeting Chinese wind turbines in Spain, Greece, France, Romania and Bulgaria....more

Morgan Lewis

EU Launches Two More In-Depth Investigations Under Foreign Subsidies Regulation

Morgan Lewis on

Just months after its first investigation under the Foreign Subsidies Regulation of Chinese train maker CRRC Corp. (see our LawFlash here), the European Commission has targeted two more companies participating in an EU...more

White & Case LLP

Key trends emerging from the start of the EU Foreign Subsidies Regulation regime

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The first months of application of the EU Foreign Subsidies Regulation (FSR) have involved a large number of notifications, lengthy and wide-ranging requests for information, and the opening of the first in-depth...more

McGuireWoods LLP

European Competition Law Newsletter – March 2024

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EU Foreign Subsidies Regulation: 100 Days in and the First Detailed Investigation - The obligation to notify certain large M&A transactions to the European Commission for clearance under the EU Foreign Subsidies...more

Morgan Lewis

EU Launches First In-Depth Investigation Under Foreign Subsidies Regulation

Morgan Lewis on

The European Commission launched its first investigation under the Foreign Subsidies Regulation against a Chinese company participating in an EU tender. On February 16, 2024, the European Commission (EC) launched its first...more

BCLP

The Year Ahead for M&A Regulation in Brussels - BCLP’s Top 5 Things to Watch in 2024

BCLP on

2024 is shaping up to be a year of significant change in Brussels. European Parliamentary elections in June will be followed by the appointment of a new Commission in the autumn....more

White & Case LLP

New challenges for Taiwanese companies under the EU’s Foreign Subsidies Regulation

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The EU's new Foreign Subsidies Regulation (FSR), which came into effect on July 12, 2023, marks the European Commission's attempt to level the playing field by addressing the potential distortive effects of non-EU subsidies...more

McDermott Will & Emery

International Legal Highlights | Winter 2023

McDermott Will & Emery on

THE EUROPEAN COMMISSION PUBLISHES FINAL IMPLEMENTING REGULATION ON PROCEEDINGS PURSUANT TO THE FOREIGN SUBSIDIES REGULATION - On July 10, 2023, the European Commission (the “Commission”) published its final regulation for...more

A&O Shearman

Antitrust in focus - October 2023

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The Foreign Subsidies Regulation (FSR) establishes a new regime, enforced by the European Commission (EC), to regulate subsidies granted by non-EU countries to businesses active in the EU that could distort competition in EU...more

Wilson Sonsini Goodrich & Rosati

Fact Sheet on the EU Foreign Subsidies Regulation

The EU’s Foreign Subsidies Regulation (FSR) gives the European Commission (EC) broad powers to control subsidies from non-EU countries, complementing the EU’s longstanding state aid regime that deals with subsidies from EU...more

Morgan Lewis

EU Foreign Subsidies Regulation: is Your Company Ready?

Morgan Lewis on

As of October 12, 2023, notification obligations under the European Union’s (EU’s) groundbreaking Foreign Subsidies Regulation No. 2022/2560 (FSR) have started to apply, with wide-ranging implications for businesses operating...more

Orrick, Herrington & Sutcliffe LLP

Ex-ante Notification Obligations Came Into Force and Should Be Complied With at All Costs

On 12 October, the next chapter of the EU’s fight against distortive subsidies opened, with ex-ante notification obligations for concentrations and bids in public procurement procedures involving subsidies by non-EU countries...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Informed Board Podcast | Will the EU’s Focus on Foreign Subsidies Make It More Difficult To Acquire European Businesses?

Newly effective EU rules impose another layer of review for acquisitions in Europe. They empower the European Commission to investigate whether either the acquirer or target has received non-EU government subsidies that...more

WilmerHale

EU Foreign Subsidies Regime: Publication of Final Implementing Regulation

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The EU’s Foreign Subsidies Regulation (FSR) was adopted in late 2022. Its stated aim is to combat the effects of competitive distortions caused by foreign subsidies in the EU internal market and thereby level the playing...more

Pillsbury - Global Trade & Sanctions Law

The EU Foreign Subsidies Regulation (FSR) Has Now Taken Effect

The new EU Foreign Subsidies Regulation (FSR) has now finally taken effect. Under the FSR the European Commission (EC) will have new powers to intervene against distortions to competition in the EU internal market caused by...more

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