Towards a European Economic Sovereignty?

The European Commission is concerned that subsidies granted by non-EU governments to companies active in the European Union appear to have an increasing impact on the Single Market. Although the EU has tools at its disposal to address some of the distortions caused by foreign subsidies, the Commission is concerned that the existing tools do not fully address all possible distortions caused by these foreign subsidies, including in EU public procurement markets. In June 2020 the Commission therefore adopted a White Paper on Foreign Subsidies, which proposed ways to level the playing field and called for new tools to address this regulatory gap – the subject of this webinar.