EU foreign subsidy white paper leaves more questions than answers lawyers say

EU foreign subsidy white paper leaves more questions than answers lawyers say

June 18, 2020, Global Competition Review

Horst Henschen and Peter Camesasca spoke with Global Competition Review about the European Union’s new tools to address competitive distortion.

Mr. Henschen says the supervisory authority will have “very broad powers to intervene.” The idea that the commission should be the competent supervisory authority may also “lead to a lively debate.”

Mr. Camesasca says the commission appears to be “testing the waters” to see what political appetite there is for the various options, although the proposals are “fairly vague” in their current form.