On Wednesday 5 May, the European Commission will publish its proposal for a regulation to combat unfair foreign subsidies. In a working document of which EUROPE has a copy, it specifies its exclusive role in the prevention and repression of this type of distorted competition and details the scope of the regulation. The Commission’s proposal is subject to change before its official publication on 5 May.
While the Commission suggested in its White Paper on Subsidies, published in June...