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State Aid
Editor's Picks
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Support for Fehmarn tunnel operator is not state aid, Denmark tells EU judges
The Danish government has told EU judges that its financial support for a company to build and operate an immersed tunnel across the Fehmarn strait to Germany does ... (more story)
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EU team watching public-procurement foreign subsidies set to get dedicated unit
The European Commission team scrutinizing foreign subsidies in public procurement will get a dedicated unit from tomorrow, as part of a reshuffle of the Directorate... (more story)
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Dealmakers eying EU M&A get stark warning in subsidy review of UAE telecom buyout
The European M&A landscape for companies backed by foreign states looks more complicated, in light of newly published documents that show the dealmaking of UAE tele... (more story)
Insight View More
Transferring powers to review national competition cases from the EU’s Court of Justice to a lower court could help safeguard legal consistency and ease administrative burden, Marc van der Woude said. The pres... (more story)
Cyprus aims to prioritize work on boosting the EU’s competitiveness when it takes over chairing legislative talks on behalf of EU member states next year, according to a draft program seen by MLex. It also aim... (more story)
The Abu Dhabi National Oil Company met EU subsidy regulators on Friday for talks on its €14.7 billion bid for Covestro, MLex has learned. Outstanding requests by the European Commission for information were on... (more story)
India's Tata AutoComp Systems has sought EU foreign-subsidy approval to buy IAC Group Sweden. The European Commission will decide by Nov. 13. The deal won EU approval under merger-control rules in September. T... (more story)
Abu Dhabi National Oil Company has said it’s confident that its concessions to EU subsidy regulators will secure approval for its €14.7 billion takeover of German chemicals group Covestro ahead of a Dec. 2 deal deadline.
The China Chamber of Commerce to the EU has called for revisions to the European Commission's draft guidelines on the Foreign Subsidies Regulation, raising concerns about the regulator's "balancing test" metho... (more story)
The European Commission has confirmed receipt of a remedy package submitted by the Abu Dhabi National Oil Company in an effort to assuage concerns over the role of foreign subsidies in its €14.7 billion takeov... (more story)
Abu Dhabi National Oil Company has submitted a package of remedies to EU regulators scrutinizing its €14.7 billion takeover of struggling German chemicals group Covestro, MLex has learned. The European Commiss... (more story)
Comment View More
China’s newly unveiled outline of the 15th Five-Year Plan draws the line clearly: any quick US-China trade détente won’t alter Beijing’s long-term course. A shift in tone — from the cautiously optimistic frami... (more story)
Abu Dhabi National Oil Company and German chemicals company Covestro are optimistic of overcoming EU subsidy concerns over their merger, MLex has learned. The companies intend to formally submit remedies befor... (more story)
Just four months after taking office, the Lee Jae Myung administration has unveiled a sweeping plan to remake South Korea’s bureaucracy, setting the stage for one of the most consequential reorganizations in d... (more story)
Companies receiving foreign subsidies haven't secured much clarity on when their merger deal or public procurement awards risk being called in for review by the European Commission. The institution's draft gui... (more story)
Olivier Guersent has signed off as head of the European Commission’s powerful competition directorate, serving six different commissioners and witnessing the highs and lows of the bloc’s economic policies. In ... (more story)
The European M&A landscape for companies backed by foreign states looks more complicated, in light of newly published documents that show the dealmaking of UAE telecom operator Etisalat — known as e& — will fa... (more story)
Abu Dhabi National Oil Company must feel its path to EU foreign-subsidy approval for its 14.7 billion-euro takeover of Germany's Covestro has been smoothed by the European Commission’s clearance of another lar... (more story)
Multistate, subsidy-backed projects in fields such as semiconductors, AI, advanced materials and clean tech will take center stage in the EU's push for growth and economic transition, as the European Commissio... (more story)