State aid and foreign subsidy regulations are notoriously complex and constantly evolving. Different countries and regions have varying frameworks, making it difficult to keep track of the specific requirements and limitations. Gathering the required documentation, demonstrating compliance with competition rules, and navigating bureaucratic hurdles can be a major challenge.
We’ve mastered the intricacies of both state aid and foreign subsidy regulations. This expertise allows us to guide you through the process of securing necessary approvals while ensuring compliance with competition rules, and to address potential concerns arising from foreign subsidies that may impact your business.
By leveraging our comprehensive knowledge and experience, we work with you to mitigate the distortive effects of State aid and foreign subsidies, safeguarding your competitive advantage in the ever-changing regulatory environment.
State aid control exists to prevent governments from giving unfair advantages to specific companies, which can distort competition within a market. While governments may offer aid for economic development purposes, it can’t come at the expense of a level playing field.
Our team specializes in navigating the complexities of State aid control. We understand the economic analysis and concepts required to demonstrate that aid didn’t create an unfair advantage.
In 2023, the European Union (EU) introduced the Foreign Subsidies Regulation to promote fairness in business deals. This regulation focuses on companies that have received subsidies from governments outside the EU. If such a company wants to acquire another business within the EU or compete for government contracts, the EU will assess the situation to ensure the foreign subsidies don’t give them an unfair advantage. Our expertise can help companies navigate this new regulation and comply with its requirements, and ensure that the standstill procedure does not delay deals unduly.
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