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EU launches two more in-depth investigations under Foreign Subsidies Regulation

Engineers weld at the dock during the launching ceremony of floating production storage off-loading at Shanghai
Photo: China Photos/Getty Images

EC’s new investigation power demonstrates that FSR can create a level playing field between EU and non EU companies.

Just months after its first investigation under the Foreign Subsidies Regulation (FSR) of Chinese train maker CRRC Corp, the European Commission has targeted two more companies participating in an EU tender, this time in the photovoltaic sector.

On April 3, 2024, the European Commission (EC) launched its in-depth investigation of

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