The EU Commission proposes to grant new enforcement powers to the Commission to address competition distortions caused by companies benefiting from subsidies from third-country governments

The European Commission has published a White Paper proposing to grant the Commission new enforcement powers to address competition distortions caused by companies operating in, or entering into, the European Union’s Internal Market, which benefit from subsidies from third-country governments. A proposal by the European Commission (EC or Commission) is the latest in a series of measures demonstrating that the European Union (EU) has become increasingly sensitive with regard to the economic and financial influence of third-country governments on its Internal Market. These fears have increased during the coronavirus (COVID-19) pandemic, which has left many companies vulnerable. The objective of the Commission’s proposed White Paper is to empower the EC to tackle foreign government

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Christina Renner, Izzet M. Sinan, The EU Commission proposes to grant new enforcement powers to the Commission to address competition distortions caused by companies benefiting from subsidies from third-country governments, 17 June 2020, e-Competitions July 2020, Art. N° 95571

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