Washington D.C.

EU Foreign Subsidies: A US perspective

The “EU Foreign Subsidies: A US Perspective” Conference organized by Concurrences in partnership with McDermott Will & Emery took place in Washington D.C on March 30th, 2023.

 Photos: See below
 Video: Available for Concurrences+ subscribers (to be published below soon)
 Synthesis: Available for Concurrences+ subscribers (to be published above soon)
 Transcript: Available for Concurrences+ subscribers (to be published above soon)
 Concurrences Related Articles (Click Read More below and see page’s bottom)

Check the Upcoming Events section for the next events.

SYNTHESIS

Jacques Buhart moderated the discussion. The panel focused on the new EU FSR, its substantive content and its scope. It covered a wide range of topics such as the definition for “financial contributions”, the implementing regulation, the timeline and relevant procedures, the articulation with other EU regulations (FDI and EUMR), and concerns raised about Article 21. 5).

Sean HEATHER

Subsidy concerns

  • They are the result of trade policy not being able to effectively deal with the issue.
  • Trade policy has thought about market distortions due to State involvement through SOEs and National Champions.
  • Subsidies are just one problem, especially in the context of concerns emanating from China and SOEs, but there are two other categories.
  • Financial - the government can give the company a check.
  • Regulatory - government can provide regulatory favoritism.
  • Government Directed Decisions - government can dictate who a company buys from and sells to.

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

Speakers

  • US Chamber of Commerce
  • European Commission - DG COMP (Brussels)
  • McDermott Will & Emery (Paris)
  • McDermott Will & Emery (Paris)
  • McDermott Will & Emery (Brussels)
  • McDermott Will & Emery (Brussels)