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Foreign Subsidies Regulation – Recap, Initial Insights, and Outlook

Since 12 October 2023, M&A transactions meeting the relevant thresholds must be notified to the European Commission (“Commission“) under Regulation (EU) 2022/2560 on foreign subsidies distorting the internal market (“FSR“). Over the past year, the Commission, affected companies, and their legal counsel have been busy navigating the FSR framework