EU’s foreign-subsidy powers kick in amid debate and fears of red tape
25 July 2023 00:00
Duration: 15:44
The European Union has new powers to police subsidies handed out by foreign governments — powers designed to ensure that state support doesn’t distort merger activity and public procurement. However, with new powers comes great responsibility — and a solid supply of red tape. The European Commission will also be able to open investigations into state subsidies of its own initiative — yet achieving the goal of a level playing field may yet prove elusive.
Contributors
James Panichi Senior Editor, Asia Pacific
James, an Australian journalist with over 25 years’ experience in print and electronic media, helps to oversee MLex’s coverage of regulatory risk in Asia, with special attention to Australia and New Zealand. In 2016, James was appointed as MLex’s managing editor for continental Europe, overseeing the Brussels bureau’s coverage of EU regulatory affairs and managing a team of 16 journalists in Brussels and Geneva. Previously James worked for the European Voice newspaper, before joining the... Read more
Lewis Crofts Editor-at-Large
Lewis leads MLex's editorial strategy, content direction, quality and development. He has a reputation for breaking stories and providing analysis on complex legal disputes before regulators and courts around the globe. He has also developed MLex's unrivalled coverage of competition policy, litigation, regulation, Brexit and international investigations.A graduate of Oxford University, Lewis worked in academia at the Charles University in Prague prior to becoming a journalist.
Natalie McNelis Senior Correspondent
Natalie McNelis covers mergers for MLex in Brussels. Before joining MLex in 2017, she spent 20 years as an international trade and competition lawyer in law firms including Stibbe and WilmerHale. Natalie has a BA in English from Mount Holyoke College, a JD from Harvard Law School and an LLM in EU law from KU Leuven. She is admitted to the bar in New York.