IDEAS home Printed from https://ideas.repec.org/a/ris/rocojo/021972.html
   My bibliography  Save this article

Regulating foreign subsidies that distort competition – an overly ambitious goal?

Author

Listed:
  • Liviu Nazarie

    (Permanent Representation of Romania to the European Union)

Abstract

Regulation 2022/2560 on foreign subsidies distorting the competition aims to ensure a level playing field on the Internal Market by eliminating the negative effects on competition of the subsidies granted by third countries to companies active in the EU. To achieve this objective, the Regulation includes powerful tools enabling the European Commission to analyze mergers and public procurement offers, as well as a general instrument targeting companies active on the Internal Market, which could benefit from external subsidies. Following investigations, the European Commission is empowered to accept commitments from companies and impose measures, which could include the full reimbursement of the foreign subsidies received, the dissolution of a merger or a reduction of investments. Although it introduces very powerful tools, the Regulation also creates an administrative burden for both companies and the services of the European Commission.

Suggested Citation

  • Liviu Nazarie, 2023. "Regulating foreign subsidies that distort competition – an overly ambitious goal?," Romanian Competition Journal, Consiliul Concurenței, vol. 2(2), pages 50-55, December.
    • Handle: RePEc:ris:rocojo:021972
    DOI: 10.58276/RCJ.2023.2.2
    as

    Download full text from publisher

    File URL: https://www.revistadeconcurenta.ro/pdfjs/web/viewer.html?file=/?attachment_id=2405#zoom=page-width
    Download Restriction: no
    File URL: https://libkey.io/10.58276/RCJ.2023.2.2?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:rocojo:021972. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mihail Busu (email available below). General contact details of provider: https://edirc.repec.org/data/ccogvro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.