De minimis

Anticompetitive practices

The German Parliament passes the digital competition act bringing significant changes to the competition law landscape
Herbert Smith Freehills (Dusseldorf)
,
Herbert Smith Freehills (Dusseldorf)
,
Herbert Smith Freehills (Brussels)
Today, the German parliament passed the “Digital Competition Act” which is the 10th amendment to the Act against Restraints of Competition (ARC). The amended law – which will very likely enter into force January 2021 – will bring about significant changes to the German competition law landscape. (...)

The EU Commission adopts a white paper with proposals for sweeping enforcement powers to address potential distortive effects of foreign subsidies in the EU
Dechert (Brussels)
,
Dechert (Brussels)
,
Dechert (Brussels)
Background On 17 June 2020, the European Commission (Commission) adopted a White Paper which contains far-reaching proposals for new enforcement powers against companies benefitting from subsidies granted by non-EU countries. While there are already well-developed systems of anti-trust/merger (...)

The UK Court of Appeal upholds the ruling of the Competition Appeal Tribunal in its schemes governing suppliers’ access to its infrastructure (Network Rail / RISQS)
Ashurst (London)
,
Ashurst (London)
The Court of Appeal on 5 March 2020 handed down a judgment upholding the ruling of the Competition Appeal Tribunal ("CAT") of July 2019 which found Network Rail had infringed the Chapter I and II prohibitions of the Competition Act 1998 by requiring, in its schemes governing suppliers’ access to (...)

The Italian Council of State reverses a banking cartel decision on account of the negligible competition impact (Raiffeisen)
Giannino SI (Monserrato)
Determining the appeal claims lodged in the Raiffeisen case, the highest administrative court or Council of State (hereinafter the Court) has reversed a previous infringement decision made by the Italian Competition Authority (ICA). The Court found that the contested restrictive business (...)

The German Federal Court of Justice quashes a decision which had ruled that minimum resale pricing did not result in an appreciable restriction of competition given its limited timeframe and scope (Almased Wellness)
Commeo (Frankfurt)
In its judgment of 17 October 2017, the Federal Court of Justice (Bundesgerichtshof - “BGH” or the “Court”) quashed a decision taken by the Celle Higher Regional Court (Oberlandesgericht Celle – “OLG Celle”) in April 2016 which had ruled that minimum resale pricing did not result in an appreciable (...)

The Spanish Competition Authority declares exempt retail price maintenance practices by a cosmetics laboratory on the basis of the de minimis theory (Laboratorio Martí Tor)
CMS Albiñana y Suárez de Lezo (Madrid)
The Spanish Competition Authority (“SCA”) has considered in a decision dated 15 December 2016 that certain retail price maintenance (“RPM”) practices carried out by cosmetic laboratory Martí Tor was not capable of significantly affecting competition, and thereby, of infringing Article 1 of the (...)

The Competition Commission of India passes an order on assessment of vertical restraints under the Competition Act but leaves several questions unanswered (Shri Ghanshyam Das Vij / Bajaj)
Luthra & Luthra Law Offices (New Delhi)
The Competition Commission of India (CCI) on 12 October 2015 passed an order on assessment of vertical restraints under the Competition Act, 2002 (Act) — leaving many questions unanswered. Factual background A distributor of various ayurvedic and general health products of various companies (...)

The Austrian Cartel Court imposes fines totalling € 17 468 091 on 30 companies active in the freight forwarding market for infringement of Art. 101 TFEU by agreeing on tariffs for domestic combined shipments (SSK)
European Commission (Brussels)
Cartel in the Freight Forwarding Market* On 19 December 2014 the Cartel Court imposed fines totalling € 17 468 091 on 30 companies active in the freight forwarding market for infringement of Article 101 TFEU by agreeing on tariffs for domestic combined shipments. A declaratory decision was (...)

The EU Court of Justice provides further guidance on long-term exclusive purchase and non-compete obligations (Estación de Servicio Pozuelo / Galp Energía España)
Van Bael & Bellis (Brussels)
On 4 December 2014, the European Court of Justice (the “ECJ”) issued an order addressing two preliminary questions from the Spanish Supreme Court concerning an exclusive purchase obligation, which presumably prevented the party bound by the exclusivity from purchasing the products of competing (...)

The Moroccan Parliament adopts two complementary laws concerning competition rules (Law No 104-12 and Law No 20-13)
Moroccan competition Authority
« The views expressed herein are of the author and do not necessarily reflect the official position of the Moroccan Competition Authority » The competition’s regulation institutional architecture is expected to undergo a radical change in its structure. The first harbingers of this long-awaited (...)

The EU Commission releases its revised de minimis notice explaining that agreements having as their object the prevention, restriction or distortion of competition within the internal market fall outside the scope of the notice
Primerio (Washington)
Plus ça change, plus c’est la même chose: Revised EU de minimis notice retains % thresholds, clarifies per se rule* Nothing new: The newly-revised de minimis notice of the European Commission isn’t that novel The revised Notice (after its 1997 and 2001 predecessors) retains the 10% and 15% (...)

The EU Commission adopts revised safe harbor rules for minor agreements and provides guidance on "by object" restrictions of competition
Jones Day (Brussels)
,
Jones Day (Brussels)
,
Jones Day (Amsterdam)
The European Commission has published revised safe harbor rules for agreements that are not deemed to appreciably restrict competition. This is the so-called "De Minimis Notice," the first version of which dates back to 2001. At the same time, the Commission also published guidance on the (...)

The Portuguese Competition Authority affirms decision imposing a fine on the business forms cartel (Contiforme)
Abreu Advogados (Lisbon)
Following the Portuguese Competition Authority (PCA) decision dated 19 December 2012 imposing a total EUR 1,797,978.51 fine on four companies of the graphic industry - Contiforme, Soluções Gráficas Integradas, S.A.; Copidata, S.A., (Copidata); Formato, Formulários Múltiplos Comerciais, S.A., and (...)

The Turkish Prime Minister sends a draft competition law piece of legislation to the Parliament
ELIG Gürkaynak Attorneys-at-Law (Istanbul)
Long-awaited amendments to the Law on Protection of Competition No. 4054 ("Competition Law") became a hot topic when the Turkish Parliament announced that the draft law containing the amendments ("Draft Law") was officially added to the drafts and proposals list. The Prime Ministry sent the (...)

Dominance

The EU Court of Justice rules on issues concerning retroactive rebates and the procedures through which these rebates can be characterized as abusive (Post Danmark II)
Herbert Smith Freehills (Madrid)
,
Herbert Smith Freehills (Brussels)
,
Herbert Smith Freehills (Paris)
This article has been nominated for the 2016 Antitrust Writing Awards. Click here to learn more about the Antitrust Writing Awards. Introduction On 6 October 2015, the European Court of Justice (the Court) issued its preliminary ruling in Post Danmark A/S v Konkurrencerådet (Competition (...)

The ECJ Advocate General Kokott deals another blow to the economic assessment of rebates (Post Danmark II)
Skadden, Arps, Slate, Meagher & Flom (London)
Advocate general deals another blow to economic assessment of rebates* It is never a good sign when an advocate general’s opinion warns the European Court of Justice (ECJ) not to be swayed by “ephemeral trends” or the “Zeitgeist” of economic analysis, but instead to stick to the “legal foundations (...)

The US Court of Appeals for the Tenth Circuit rules that one firm’s ability to break into the relevant market does not foreclose the possibility that another company monopolized or attempted to monopolize that market (Lenox / Medtronic)
Wolters Kluwer (Riverwoods)
Monopoly Claims Can Survive Summary Judgment: Medtronic Must Defend Conduct in “Bone Mill” Market* One firm’s ability to break into the market for “bone mills” used in spinal-fusion surgery did not foreclose the possibility that medical device company Medtronic monopolized or attempted to (...)

Mergers

The German Parliament passes amendments of antitrust law affecting the merger control regime
Hogan Lovells (Brussels)
,
Hogan Lovells (Munich/Frankfurt)
,
Hogan Lovells (Dusseldorf)
On 14 January, the German Parliament passed far-reaching amendments of German antitrust law, the Act against Restraints of Competition (ARC), which also affect merger control. The amendment, also known as the "German Competition Digitalization Act", focuses especially on the reform of (...)

The German Parliament increases turnover thresholds for merger control with the 10th amendment of the Act against Restraints of Competition
Orrick, Herrington & Sutcliffe (Dusseldorf)
,
Orrick, Herrington & Sutcliffe (Dusseldorf)
In a Nutshell What’s new? Significantly increased turnover thresholds for German merger control. The good Many transactions will no longer be subject to German merger control. This will lead to a much smoother process for lots of transactions, specifically for clients in the tech sector and (...)

The US FTC starts accepting stakeholder comments for upcoming virtual consultations on proposed amendments to HSR rules
US Federal Trade Commission (FTC) (Washington)
FTC to Hold Virtual Q&A Sessions in November on Proposed Amendments to HSR Rules and Advanced Notice of Proposed HSR Rulemaking* The Federal Trade Commission will host three public Question and Answer sessions as part of its ongoing HSR Rulemaking initiative. These one-hour virtual events (...)

The US FTC and DoJ jointly release two proposed rules changes to the HSR pre-merger filing requirements for acquiring parties
Skadden, Arps, Slate, Meagher & Flom (New York)
,
Skadden, Arps, Slate, Meagher & Flom (Washington DC)
,
Skadden, Arps, Slate, Meagher & Flom (New York)
On Monday, September 21, 2020, the Federal Trade Commission (FTC) and Department of Justice (DOJ) jointly released two proposed rule changes to the Hart-Scott-Rodino (HSR) premerger filing requirements for acquiring parties. In an extension of a 2011 rule change that established the concept of (...)

The US FTC and DoJ announce proposed changes to the regulations governing when a filing must be made under the HSR Act
Cleary Gottlieb Steen & Hamilton (Washington)
On September 21, 2020, the Federal Trade Commission (FTC) and Department of Justice (DOJ) announced proposed changes to the regulations governing when a filing must be made under the Hart-Scott-Rodino (HSR) Act that would likely significantly expand the filing requirements and increase the HSR (...)

The US DoJ and FTC announce proposed changes to the HSR premerger notification rules and seek public comments
Covington & Burling (Washington)
The Federal Trade Commission (“FTC”) and the Antitrust Division of the Department of Justice (“DOJ”) (the “Agencies”) announced proposed changes to the premerger notification rules (“Rules”) promulgated under the Hart-Scott-Rodino (“HSR”) Act on September 21, 2020. Although the Agencies’ proposals are (...)

The US FTC and DOJ propose changes to two aspects of the HSR rules
Shearman & Sterling (Washington)
,
Shearman & Sterling (New York)
,
Shearman & Sterling (Washington)
Overview The U.S. Federal Trade Commission (FTC) and U.S. Department of Justice Antitrust Division (“DOJ” and collectively, the “Agencies”) recently proposed changes to two aspects of the Hart-Scott-Rodino Act (“HSR Act”).The proposed rules are subject to public comment and are unlikely to come into (...)

The US DoJ and FTC announce HSR rule changes that would increase burdens, especially for asset managers and private equity
Dechert (Washington)
,
Dechert (Washington)
,
Dechert (New York)
Key Takeaways Proposed HSR rule changes would require an acquiring fund to aggregate its holdings with those of its broader fund family. This will substantially increase the number of transactions subject to HSR reporting requirements, especially for asset managers and private equity funds. (...)

The US DoJ supports the FTC’s proposal of modernizing merger filing exemptions for certain investments
US Department of Justice - Antitrust Division (Washington)
Antitrust Division Supports Modernizing Merger Filing Exemptions For Certain Investments* The Time Has Come to Update the Merger Filing Rules On Monday, September 21, Assistant Attorney General Makan Delrahim concurred in the Federal Trade Commission’s (FTC) Federal Register publication of a (...)

The US DoJ and FTC propose to renew their HSR rules to create new exemption for minority acquisitions and increase filing obligations for certain entities
Covington & Burling (Washington)
,
Covington & Burling (Washington)
,
Covington & Burling (Washington)
Agencies Also Seek Public Comments that Could Lead to Additional Changes to the HSR Rules The Federal Trade Commission (“FTC”) and the Antitrust Division of the Department of Justice (“DOJ”) (the “Agencies”) announced proposed changes to the premerger notification rules (“Rules”) promulgated under (...)

The US FTC proposes rules that will increase HSR filing requirements for investment funds and others
Hogan Lovells (Northern Virginia)
,
Hogan Lovells (Washington)
On 21 September 2020, the Federal Trade Commission (FTC) announced for comment sweeping changes to the Hart-Scott-Rodino (HSR) Act rules. First, the FTC proposed changing the definition of "person" to include HSR associates. This proposed change will result in certain acquisitions (especially (...)

The German Competition Authority approves a merger in the glass recycling market under de minimis rule (Rethmann GRI VSB)
German Competition Authority (Bonn)
Bundeskartellamt clears acquisition of glass recycling companies by the Rethmann group* Bonn, 4 August 2017: The Bundeskartellamt has cleared plans by the Rethmann group to acquire two glass recycling companies, G.R.I.-Glasrecycling NV (Lummen, Belgium) and VSB Holding NV (Lummen, Belgium). (...)

The UK Competition and Markets Authority is consulting on proposed changes to the UK merger regime to reduce the burden of investigations into mergers where the parties operate in small markets
DLA Piper (London)
UK merger control process The UK operates a two-stage merger control regime. Before starting a formal merger investigation, the CMA will conduct pre-notification discussions with the parties, which typically last one to two months. Upon conclusion of these discussions, the CMA opens a formal (...)

The Indian Competition Authority fines merging parties for failure to disclose global acquisition of the healthcase antisepsis business (Schulke / ASP Division of Ethicon)
Vaish Associates Advocates (New Delhi)
CCI penalizes Schulke and Mayr GmBH (Schulke) for delayed filing in relation to the acquisition of Healthcare Antisepsis Solutions (HAS) business of Johnson & Johnson Private Limited (JJPL)* CCI, by its order dated January 13, 2017 has imposed a penalty of INR 25,00,000 on Schulke on (...)

The Indian Competition Appellate Tribunal reverses the Indian Competition Authority’s fine imposed on a travel agency for not notifying an otherwise exempt transaction (Thomas Cook / Sterling)
Vaish Associates Advocates (New Delhi)
Competition Appellate Tribunal sets aside penalty imposed on Thomas Cook & others for nonnotification of an otherwise exempted transaction* In its first decision on substantive aspects of merger control, the Competition Appellate Tribunal (COMPAT) by its order dated August 26, 2015 has set (...)

The Chinese MOFCOM publishes rules setting out the eligibility criteria for simple merger cases entitled to the simplified procedure
AnJie Law (Beijing)
At Last, MOFCOM Formally Adopted Simplified Merger Review Procedure* Introduction The Ministry of Commerce (“MOFCOM”) finally published the Guiding Opinions on Notification of Simple Cases of Concentration of Undertakings (the “Guiding Opinions”) on 18 April 2014, two months after the Interim (...)

State Aids

The Serbian Government publishes rules on regional State aid for further alignment of the legislation with the EU’s acquis
BDK (Podgorica)
The Government of Serbia adopted on 11 March 2021 two new bylaws under the State Aid Control Act (Zakon o kontroli državne pomoći, Official Gazette of the Republic of Serbia no. 73/2019): the Regulation on Conditions and Criteria for Compliance of Regional State Aid (Uredba o uslovima i (...)

The UK Government publishes a consultation paper outlining proposals for a new subsidy control regime
Ashurst (London)
,
Ashurst (London)
,
Ashurst (London)
On 3 February 2021, the Department for Business, Energy & Industry Strategy ("BEIS") published a consultation paper outlining proposals for a new subsidy control regime in the UK ("Consultation Paper"). The need for a new subsidy control regime has been prompted primarily by: the State (...)

The EU Commission and the UK Government agree on post-Brexit State Aid law in their Trade and Cooperation Agreement
White & Case (Brussels)
,
White & Case (London)
,
White & Case (London)
State aid remained one of the key sticking points in Brexit negotiations right until the announcement of the Trade and Cooperation Agreement ("TCA") on Christmas Eve 2020. One of the key priorities of the European Union ("EU") during the negotiations was to secure a "level playing field" on (...)

The EU Court of Justice clarifies conditions under which request for de minimis aid can be modified to comply with the ceiling (INAIL / Zennaro)
Van Bael & Bellis (Brussels)
,
Van Bael & Bellis (Brussels)
On 28 October 2020, the Court of Justice (“ECJ”) answered a reference for a preliminary ruling from the Consiglio di Stato (Council of State, Italy) concerning the interpretation of Articles 3 and 6 of Regulation (EU) No 1407/2013 of 18 December 2013 on the application of Articles 107 and 108 (...)

The EU Commission prolongs State aid rules and adopts targeted adjustments to mitigate the impact of COVID-19 outbreak Free
DG COMP (Brussels)
State aid: Commission prolongs EU State aid rules and adopts targeted adjustments to mitigate impact of coronavirus outbreak* The European Commission has prolonged the validity of certain State aid rules which would otherwise expire at the end of 2020. In this context, and to take the effects (...)

The EU Commission prolongs EU State aid rules and adopts targeted adjustments to mitigate the impact of the COVID-19 outbreak Free
Van Bael & Bellis (Brussels)
,
Van Bael & Bellis (Brussels)
On 2 July 2020, the European Commission (the “Commission”) announced the prolongation of several existing State aid rules which would have otherwise expired at the end of 2020, with the purpose of mitigating the impact of the coronavirus outbreak on companies. In particular: The following texts (...)

The EU General Court reaffirms the Commission’s decision declaring illegal the aid from Italy to several airlines serving Sardinia (Volotea / Germanwings / easyJet)
General Court of the European Union (Luxembourg)
The General Court dismisses the actions against the Commission decision declaring illegal the aid from Italy to several airlines serving Sardinia* The operators of the Sardinian airports were not the beneficiaries of the aid but merely intermediaries between the Autonomous Region and the (...)

The EU General Court provides guidance on the notion of State aid under EU law following action for annulment brought by airline companies against a decision of the Commission finding an Italian aid to be illegal and incompatible with the internal market (Volotea / Germanwings / EasyJet)
Van Bael & Bellis (Brussels)
On 13 May 2020, the General Court delivered three judgments in Cases T-607/17,T-716/17,T-8/18, concerning Volotea, Germanwings and easyJet, respectively (the “Applicants”). These judgments follow actions for annulment brought by the Applicants against a decision of the Commission finding that (...)

The EU Commission finds a Cypriot State aid scheme for vulnerable households borrowers to be compatible with the internal market
Maastricht University
* Article published on StateAidHub: http://stateaidhub.eu, republished in e-Competitions with the courtesy of the author. The original title of this article appears below the e-Competitions title. Authors are welcome to write an alternative article on this case/text, provided they have no (...)

The EU Court of Justice finds that Bulgaria’s refusal to grant de minimis aid on exports is valid as it related to the promotion of sales in another Member State (ZPT AD)
Maastricht University
Article published on StateAidHub: http://stateaidhub.eu, republished in e-Competitions with the courtesy of the author. The original title of this article appears below the e-Competitions title. Authors are welcome to write an alternative article on this case/text, provided they have no (...)

The EU Commission finds that Danish support for local sports associations is not State aid and that if it were, it would be compatible according to the General Block Exemption Regulation
Maastricht University
Article published on StateAidHub: http://stateaidhub.eu, republished in e-Competitions with the courtesy of the author. The original title of this article appears below the e-Competitions title. Authors are welcome to write an alternative article on this case/text, provided they have no (...)

The EU General Court reminds Member States that individual awards of de minimis aid must remain below the relevant threshold as well as the sum of all individual awards in any three-year period (Italy)
Maastricht University
The Use and Abuse of De Minimis Aid & State Resources* Individual awards of de minimis aid must remain below the relevant threshold as well as the sum of all individual awards in any three-year period. Introduction This article reviews a case that, among other things, deal with the use (...)

The EU Commission reminds that aid measures which are funded by beneficiaries themselves are unlikely to constitute State aid (Flemish Centre for Agricultural and Fisheries Marketing)
Maastricht University
Commission in decision SA.39652* Aid measures which are funded by beneficiaries themselves are unlikely to constitute State aid. De minimis aid may be granted on condition that not only individual awards of aid remain below the various thresholds defined in different de minimis regulations (...)

The EU Commission finds a measure allowing a rental agreement to accommodate medical practitioners at a preferential rate not to constitute State aid for being to limited and lacking of affectation of interstate trade (Medical centre in Durmersheim)
Maastricht University
Germany Scores a Hat-trick of Non-Aid Measures!* At the end of April, the European Commission announced that seven measures were found not to constitute State aid because they could not be reasonably expected to affect cross-border trade. The finding of no affectation of trade is rare. That (...)

The EU Court of Justice and General Court explain how to determine whether state guarantees constitute State aid and how much aid is involved (Banco Privado Português)
Maastricht University
State Guarantees* The amount of State aid in a guarantee that makes possible the granting of a loan to a well-collateralised firm in difficulty is not the difference in premium but the difference in interest rates. Beneficiaries of guarantees not notified to the Commission do not have any (...)

The EU Commission finds State aid in the form of subordinated loans to SMEs to be compatible with the internal market (Saxony)
Maastricht University
Loans for SMEs* Low-interest loans may be used to support investments. The granting of de minimis aid through loans is possible only if loans are secured against collateral. The 2008 Commission Communication on interest rates does not apply to subordinated, non-collateralised loans. (...)

The EU General Court upholds the decision of the Commission stating that compensatory payments can be State aid even if partially funded by private funds and specifies that recovery may exclude payments that satisfy the conditions of the relevant de minimis regulation (Greece)
Maastricht University
Compensatory Payments Can be State Aid* Main points Article 107(1) also applies to payments that offset the damage caused by natural disasters. It is irrelevant that the compensation is partial or that competitors did not suffer similar damage. A measure can be State aid even if it is (...)

The EU Court of Justice finds failure to fulfil treaty obligations, since the member state did not recover the aid declared unlawful and incompatible with the internal market in a timely and effective manner (Commission / Spain)
Maastricht University
Article published on Lexxion State Aid Blog The Cost of not Recovering Incompatible Aid* Main points The Commission is not obliged to quantify precisely the amount of aid that has to be recovered. The Member State that fails to recover incompatible aid or fails to recover all of it risks (...)

The EU Court of Justice dismisses France’s action against the Commission’s decision declaring an unlimited guarantee incompatible with the internal market (La Poste)
DalDeWolf (Brussels)
There is no doubt that undertakings entrusted with
the provision of services of general economic interest (SGIEs) are subject to the rules in the Treaty on the Functioning of the European Union (TFEU), including its state aid rules. However, compensation for providing such public services also (...)

The EU Commission issued new de minimis rules for state aid control
Maastricht University
Article published on Lexxion State Aid Blog The New Rules on De minimis Aid for 2014-2020: Regulation 1407/2013* Introduction It is appropriate to start this year’s articles on State aid with an appraisal of one of the most important new legislative items for the period 2014-2020: the new de (...)

Procedures

The US Court of Appeals for the Ninth Circuit clarifies class certification standards in an antitrust appeal (Olean Wholesale Grocery / Bumble Bee Foods)
Jones Day (San Francisco)
,
Jones Day (San Francisco)
,
Jones Day (Irvine)
The Ninth Circuit approved use of statistical analysis that relies on averaging but reversed class certification because the district court failed to resolve whether more than a de minimis number of putative class members were injured. On April 6, 2021, in Olean Wholesale Grocery Coop. v. (...)

The Turkish Competition Authority introduces an up to date settlement mechanism
ELIG Gürkaynak Attorneys-at-Law (Istanbul)
,
ELIG Gürkaynak Attorneys-at-Law (Istanbul)
(1) Introduction Law No. 4054 on the Protection of Competition (“Competition Law”) has recently gone through the most comprehensive set of amendments since its initial adoption back in 1994. Law No. 7246 on Amendments to the Law on Protection of Competition (“Amendment Law”), which entered into (...)

The Turkish Parliament approves amendments to the national competition law which introduces mechanisms as to the selection of cases for the Authority to focus on, a substantive test for merger control, behavioral and structural remedies for anti-competitive conduct and procedural tools
ELIG Gürkaynak Attorneys-at-Law (Istanbul)
After rounds of revisions and failed attempts of enactment over a span of several years, the proposal for an amendment to the Law No. 4054 on Protection of Competition (“Law no. 4054”) (“Amendment Proposal”) has finally been approved by the Turkish parliament, namely the Grand National Assembly of (...)

The German Federal Ministry of Economics proposes a transaction value threshold to require notification of high value deals even with no / de minimis sales in Germany
Baker McKenzie (Brussels)
Germany proposes transaction value threshold to require notification of high value deals even with no / de minimis sales in Germany* With little fanfare, on Friday, 1 July 2016, among a raft of other amendments to the Act against Restraint of Competition (‘ARC’; 9th amendment), the Federal (...)

Regulatory

The EU Commission unveils its proposed regulation on foreign subsidies
Van Bael & Bellis (Brussels)
On 5 May 2021, the Commission adopted a proposal for a Regulation on foreign subsidies distorting the internal market (“Proposed Regulation”), following on from an initial framework laid out in a White Paper in June 2020. Broadly speaking, through the Proposed Regulation, the Commission aims to (...)

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues