Credit: Grecaud Paul / AdobeStock 'An Administrative Nightmare': EU's New Foreign Subsidies Regulation Turns Into Bittersweet Victory for EU Companies
European companies are facing unprecedented reporting obligations under a new rulebook meant to help them compete with businesses that benefited from foreign subsidies.
October 31, 2023 at 07:01 PM
4 minute read
Regulation
A new law meant to level the playing field between European companies and competitors propped up by foreign governments has created an "administrative nightmare" for those very businesses it was meant to help.
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