Last year, the European Union legislature adopted the far-reaching Foreign Subsidies Regulation aiming to tackle the distortive effects on EU markets of financial support by non-EU countries to undertakings active in the EU. On 6 February 2023, the European Commission launched the much-anticipated public consultation on a draft Implementing Regulation, including two annexes containing notification forms for concentrations and public procurements. Stakeholders have until 6 March 2023 to submit comments.

Click here to continue reading the full version of this alert.