Foreign subsidies regulation (FSR)

The FSR is designed to ensure fair competition by addressing distortions caused by foreign subsidies which may negatively impact the EU internal market. Our EU & Competition team advises both public and private entities with the notification of transactions involving financial contributions from non-EU governments. We also support governments and businesses during investigations conducted by the European Commission on its own initiative.

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Why clients choose us

In close collaboration with our Deloitte (tax) consultants, our EU & Competition attorneys provide a comprehensive suite of solutions.

Solutions

Analysis of notification requirements

We evaluate whether your intended transaction requires FSR notification to the European Commission, covering corporate transactions, investments, and bids in public procurement procedures involving financial contributions by non-EU governments.

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Preparation of FSR notifications

Our EU & Competition team handles the preparation of FSR notification forms and related documentation in interaction with the European Commission.

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Post-clearance follow-up

We provide tailored support to clients in the post-clearance application if required (for instance, in the application of remedies and commitments).

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Recommendations

Abuse of dominance and economic dependence

Our EU & Competition team advises clients with dominant market positions on mitigating competition law risks and provides defence strategies for parties under investigation for allegedly abusive conduct. We also advise clients affected by abusive market behaviour, helping them navigate enforcement actions and legal remedies.
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Cartel investigations

Cartel investigations by competition authorities, including the European Commission and the Belgian Competition Authority, can have a significant impact on businesses and the parties involved. Deloitte Legal offers legal advice to all affected stakeholders, including undertakings and individuals under investigation, along with parties seeking to lodge a complaint or damages claim, and other interested third parties.
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Compliance trainings and competition manuals

Our EU & Competition practice advises both private and public clients with compliance workshops and manuals, each time tailored to the industry, structure and objectives of your business.
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Foreign direct investments (FDI)

Investments may be subject to national FDI regulations, for instance when they impact public security or public order. In close collaboration with our Deloitte Legal network, we provide seamless and one-stop-shop support to investors and beneficiaries alike for FDI exposure analyses and notifications across the EU.
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