Thu. Sep 19th, 2024

The Commission has indications that the inspected company may have received foreign subsidies that could distort the internal market pursuant to the Foreign Subsidies Regulation.

The Commission officials were accompanied by their counterparts from the national competition authorities of the Member States where the inspections were carried out.

Unannounced inspections are a preliminary investigative step into suspected distortive foreign subsidies. The fact that the Commission carries out such inspections does not mean that the company in question has indeed received distortive foreign subsidies, nor does it prejudge the outcome of the investigation. If the Commission were to find sufficient indications of the existence of distortive foreign subsidies, it will open an in-depth investigation.

Source – EU Commission

 

Forward to your friends