As our regular readers know, M&A deals in Europe face a complex interplay of merger control, foreign investment control and the Foreign Subsidies Regulations. Three very recent transactions illustrate how these regimes shape deal strategy and timelines. This post will dive into initial lessons to be learned from Universal/Downtown Music, Snam/Open Grid Europe and ADNOC/Covestro. … Continue reading Merger Control, FDI and FSR: Lessons learned from recent deals
Tag: fsr
First win for Commission in FSR court decision
The foreign subsidies regulation (FSR) is only just over a year old and yet it has already provided ample fuel for legal and political debate. Recent political initiatives and a court ruling suggest that this trend will persist. As we already mentioned in one of our earlier posts this year, the European Commission conducted its … Continue reading First win for Commission in FSR court decision
The Foreign Subsidies Regulation in practice
The European Commission's "FSR brief" highlights the initial 100 days of the Foreign Subsidies Regulation's implementation. Key points include engagement with 53 parties, the application of merger control, and practical guidance for notifications. The brief also offers specific advice for investment funds and mentions the first in-depth investigation involving a Chinese rail company and a Bulgarian government contract.
EU Commission already under pressure to investigate foreign subsidies?
The EU’s Foreign Subsidies Regulation started to apply about a month ago. Most observers expected the regulation’s strongest impact to be on M&A transactions, not least because the European Commission does not exactly seem to have an abundance of staff to deal with the new rules. Yet, the regulator received at least two complaints against … Continue reading EU Commission already under pressure to investigate foreign subsidies?
Clarifications on Foreign Subsidies
The EU’s Foreign Subsidies Regulation will start to apply in about two weeks. While some things are still in limbo, the European Commission has published a Q&A to clarify certain topics. The Q&A admittedly went online earlier this month, but I could not find a good summary so far – so I thought the one … Continue reading Clarifications on Foreign Subsidies





