On 5 May 2021, the European Commission issued its much anticipated proposed regulation on foreign subsidies distorting the EU market, which we summarised in our earlier blog post. If adopted in its current form, the proposed regulation could have a transformative impact and significantly increase the regulatory risk and burdens for foreign companies operating or … Read more

On 5 May 2021, the European Commission (Commission) issued its proposal for a Regulation on foreign subsidies distorting the EU market. This follows on from the Commission’s White Paper issued in June 2020 (see our blog post here) and the extensive public consultation that ensued. Read more

The EU State aid regime in its current form ceased to be applicable in the UK as at the end of 31 December 2020, when the Brexit transition period expired.  Going forward, State aid or “subsidy control” in the UK will be based on the subsidy control chapter under the UK-EU Trade and Cooperation Agreement … Read more

This blog post is an adapted version of a briefing paper prepared with the economics consultancy, Oxera, in connection with our joint webinar event on the European Green Deal and its implications for regulation, State aid and competition policy.  The webinar, which will feature speakers from the European Commission, the judiciary and private practice, will … Read more

On 17 June 2020, the European Commission (“the Commission”) issued a “White Paper on levelling the playing field as regards foreign subsidies” (“the White Paper”), launching a public consultation on a number of ambitious and far reaching possible options and legal instruments to address distortions in the European Union’s (“EU”) internal market resulting from foreign … Read more

On 8 May 2020 the European Commission adopted the second amendment to its Temporary Framework on the application of the EU State aid rules in light of the COVID-19 outbreak.  The amendment extends the Temporary Framework to cover State recapitalisations of companies in the form of equity and hybrid capital instruments, subject to conditions with … Read more

On 3 April 2020, the European Commission adopted the first amendment to its Temporary Framework on the application of EU State aid rules in the context of the COVID-19 outbreak (the original version of which is covered in more detail in our previous blog post). The amendment allows further liquidity support measures (tax / social … Read more

On 19 March 2020, the Commission issued a Temporary Framework setting out how it will apply the EU State aid rules with respect to certain types of liquidity support granted by Member States to businesses in order to preserve the continuity of economic activity during and after the COVID-19 outbreak. The EU State aid rules … Read more