The EU Commission proposes a regulation to address the distortions caused by foreign subsidies in the single market

Commission proposes new Regulation to address distortions caused by foreign subsidies in the Single Market* The European Commission proposes today a new instrument to address potential distortive effects of foreign subsidies in the Single Market. Today's legislative proposal follows the adoption of the White Paper in June 2020 and an extensive consultation process with stakeholders. It aims at closing the regulatory gap in the Single Market, whereby subsidies granted by non-EU governments currently go largely unchecked, while subsidies granted by Member States are subject to close scrutiny. The new tool is designed to effectively tackle foreign subsidies that cause distortions and harm the level playing field in the Single Market in any market situation. It is also a key element to

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European Commission, The EU Commission proposes a regulation to address the distortions caused by foreign subsidies in the single market, 5 May 2021, e-Competitions May 2021, Art. N° 100750

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