Regulators around the world are concerned with foreign subsidies. In the United States, on 10 October 2024, the Federal Trade Commission voted 5–0 to adopt new rules under the Hart-Scott-Rodino (“HSR”) Antitrust Improvements...more
11/6/2024
/ China ,
Department of Justice (DOJ) ,
Disclosure Requirements ,
EU ,
Federal Trade Commission (FTC) ,
Foreign Subsidiaries ,
Foreign Subsidies ,
Grants ,
Hart-Scott-Rodino Act ,
Iran ,
North Korea ,
Russia ,
Tax Credits
The recently enacted EU Foreign Subsidies Regulation (FSR) grants the European Commission investigative powers on foreign subsidies that may distort competition in the EU internal market. The FSR imposes suspensory filing...more