The European Union (EU) is implementing a Foreign Subsidies Regulation (FSR) that is aimed at addressing distortions caused by foreign subsidies in EU public procurement. The EU contends that foreign subsidies could provide foreign firms with an unfair
The George Washington University presented a webinar on “A new barrier to transatlantic procurement: the European Union’s Foreign Subsidies Regulation on April 18. The Foreign Subsidies Regulation (FSR) entered into force on January 12, 2023, with the
The European Union (EU) has reached an agreement on a regulation that would enable it to reject bids from suppliers that receive foreign subsidies that distort the EU internal market. The Regulation gives the European Commission the power to investigate
The George Washington University presented a webinar on September 7 on “New Protectionism in International Public Procurement.” The discussion included unilateral procurement actions by the United States and the European Union (EU). For the US, the
Joe Biden, the presumptive Democratic nominee for president, on July 9 put forward a Buy American plan that includes elements that coincide with President Trump’s aims of tightening domestic content requirements and waivers. The Biden plan also includes
On June 17, the European Commission proposed new legal instruments to address distortions caused by foreign subsidies. One is a general market security instrument; a second focuses on foreign subsidies that facilitate the acquisition of EU companies and the