Article
Fit For Purpose, But Not Frictionless: The European Commission Delivers Its First Verdict On The Foreign Subsidies Regulation
The European Commission has delivered its first three-year review of the Foreign Subsidies Regulation, declaring the enforcement framework "fit for purpose" while acknowledging significant administrative burden on market participants. Though the regime has processed thousands of notifications since 2023, resulting in only a handful of in-depth investigations, the Commission has committed to targeted procedural simplifications expected in 2027, even as it doubles down on scrutinizing state-backed acquirers a
McDermott Will & Schulte