Are we headed for a Subsidy War?

Good or bad subsidies Crises provoke government action and governments often react to crises with subsidies. For example, widespread subsidisation has occurred throughout the world in response to the financial crisis, to the COVID pandemic, to the resulting supply chain disruption and to the more recent energy emergency. The traditional view in trade circles has … Read more

EU Reaches Agreement on Foreign Subsidies Regulation – New Regime to Enter into Force Next Year

The EU has reached political agreement in relation to the much-anticipated foreign subsidies regulation (the “Regulation”), which should become operational next year. The Regulation essentially creates a new subsidy control regime for third country subsidies affecting the EU market and has the potential to significantly increase the regulatory risk and burdens for foreign companies operating … Read more