European Commission 5 May 2021, COMMISSION STAFF WORKING DOCUMENT IMPACT ASSESSMENT Accompanying the Proposal for a Regulation of the European Parliament and of the Council on foreign subsidies distorting the internal market

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The document outlines the European Commission's impact assessment regarding a proposed regulation aimed at addressing foreign subsidies that distort the internal market. It identifies three main problems: distortions in acquisitions, public procurement, and other market distortions caused by foreign subsidies, which can create an uneven playing field for EU companies. The assessment emphasizes the need for EU action to establish a regulatory framework that ensures fair competition and transparency in the context of foreign state support.AI