Proposal for a regulation on foreign subsidies – AFEP comments

AFEP welcomes the adoption of the proposal for a regulation on foreign subsidies distorting the internal market as a import step forward to tackle unfair competition based on subsidies from third countries. Large French companies are largely supportive of the proposed text (structure, cross-cutting competence of the European Commission inter alia) and make several proposals to strengthen the instrument while allievating administrative burden and minimizing legal uncertainty for EU companies.