On Friday 26 July, the European Commission published an internal document clarifying certain aspects of the Regulation against unfair foreign subsidies (FSR). These are mainly the conditions that apply to foreign subsidies in order to be considered unfair. The authors of the document, which is intended to be provisional and non-binding, detail the principles of distorted competition in the internal market and the cases in which they apply.
Among other things, they specify the need for a...