'Transactions' podcast series
Essential Antitrust #26: Foreign subsidy control: EU gears up to review deals and business conduct
The EU has a brand new tool to police subsidies from non-EU governments. It gives the European Commission power to review M&A deals and public procurement bids, as well as initiate investigations. Companies potentially affected need already now to set up internal information gathering, and to factor the new rules into deal feasibility assessments and timelines.