European Commission Provides Guidance in Question and Answer - As of 12 October 2023, the Foreign Subsidies Regulation (FSR) will require businesses intending to undertake substantial.
Some of the main clarifications made in the Q&A are set out below. An implementing regulation (see our client alert here) containing further details on the content of the notification shall be adopted before 12 July 2023.
On October 25, 2022, the European Commission (EC) published additional guidance on cartel leniency applications, in the form of Frequently Asked Questions (FAQs). The FAQs do not change.