Read the full GT Alert, “Progress Towards EU Control of Non-EU Subsidies: EU White Paper of 17 June 2020.”
News and legal updates.
On 17 June 2020, the European Commission published its White Paper on levelling the playing field as regards foreign subsidies. This policy paper proposes options for enabling the EU to control the use of foreign, non-EU subsidies that distort the EU Single Market and give subsidised firms an advantage over non-subsidised firms, for example, by facilitating the acquisition of EU businesses, by distorting the subsidised firms’ investment decisions, market operations or pricing policies, or by distorting bidding in public procurement.