New EU Regulations and Rules on Foreign Government Subsidies
This article provides a detailed interpretation of the implementing rules accompanying the Regulation on Foreign Subsidies from Non-EU Countries That May Distort the EU Market, formally adopted by the European Commission on July 10, 2023. It clarifies requirements for submission of notifications, the investigative powers of the European Commission, the submission of restrictive commitments, the scope of transparency and reporting obligations, and the procedural rights of relevant operators in investigation procedures, providing specific guidance for companies to comply with the new rules.