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EU foreign subsidies tool thresholds should be halved, key lawmakers suggest

By Tono Gil ( February 22, 2022, 15:36 GMT | Insight) -- Companies pursuing mergers or public tenders in the EU could see the thresholds to notify their operations under the bloc’s draft foreign subsidies tool halved if key European lawmakers get their way. Amendments from members of the European Parliament’s Committee on International Trade published today show a general push to increase scrutiny for firms receiving financial contributions from non-EU countries. Companies pursuing mergers or public tenders in the EU could see the thresholds to notify their operations under the bloc’s draft foreign subsidies tool halved if key European lawmakers get their way....

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