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Paul Johnson

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Only 8 out of 265 foreign investments notified under the EU Foreign Direct Investment (“FDI”) Screening Regulation (“Regulation”) have resulted in mitigation measures, according to the first annual report on the Regulation. The Regulation was launched in October 2020 with the aim of improving cooperation between Member States and enabling governments to better monitor FDI in strategic industries, for example critical technology, infrastructure, healthcare and infrastructure (see our previous post on the Regulation here). The…

On 5 May 2021, the European Commission (Commission) published a proposed Regulation, along with an impact assessment report, aiming to address potential distortions caused by foreign subsidies in the Single Market (the Proposed Regulation). The Proposed Regulation as drafted introduces an additional regulatory requirement for companies doing business in Europe. Inevitably, it will increase the regulatory risk and burden for companies that are active in the EU and have received foreign (i.e. non-EU) subsides. Under…