The EU Commission on Wednesday (17 June) announced plans to impose tougher checks on foreign subsidies to protect European companies from unfair competition and foreign takeovers.
The move comes as the EU is seeking "strategic autonomy" from China and the US, while defending its own economic interests.
The commission adopted a so-called "white paper", which launches a public consultation for rules to...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login