What Regulation (EU) 2022/2560 of the European Parliament and of the Council of 14 December 2022 on foreign subsidies distorting the internal market in the context of concentrations and public procurement requires
The EU Foreign Subsidies Regulation (FSR) requires undertakings receiving foreign financial contributions exceeding €4 million over three years from non-EU governments to notify the European Commission of mergers, acquisitions, or public procurement bids above specified thresholds. It empowers the Commission to investigate, impose remedies, or prohibit transactions where foreign subsidies distort competition in the internal market, under Articles 5 and 26.
Pillar: Competition & Antitrust · Authority: European Commission · Version: 1.0.1 · Last updated:
Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32022R2560
SHA-256 integrity: d8736cfd4448630ec36581f7fef06512041c3e57dae0c6293373512932478705
Primary Citations — 5 traced to source
- Regulation (EU) 2022/2560, Article 3 - Definition of foreign subsidy and criteria for market distortion
- Regulation (EU) 2022/2560, Article 5 - Notification obligation for concentrations involving foreign subsidies
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