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State-backed investors in the EU: the new rules of the game

On 5 May 2021, the European Commission published its proposal for a Regulation ‘on foreign subsidies distorting the internal market’, which is expected to affect EU acquisitions by foreign state-backed entities and their participation in EU public tenders.

Axon’s experts analyse the EC’s proposal and provide a snapshot of this new screening mechanism and how it could affect non-EU companies and investors.