White Paper on levelling the playing field as regards foreign subsidies

Author (Corporate)
Series Details COM (2020) 253
Publication Date 17/06/2020
Content Type


Communication published by the European Commission on 17 June 2020, setting out a White Paper aimed at dealing with the effects caused by foreign subsidies in the Single Market.

Further information:

This White Paper outlines the rationale for addressing foreign subsidies, including those which appear to undermine the level playing field in the internal market. It presents an analysis of the existing legal instrument to address foreign subsidies and discusses the question of a regulatory gap. The document also sets out preliminary substantive and procedural orientations for legal instruments to address the regulatory gap in relation to:

  • Foreign subsidies distorting the internal market regarding:
    • general market operation of economic operators active in the European Union (EU);
    • acquisitions of EU undertakings;
    • public procurement procedures;
  • Foreign subsidies in the context of access to EU funding.

A public consultation was launched to seek views and input from stakeholders on the options set out in the White Paper. This consultation was scheduled to remain open until 23 September 2020.

Source Link https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=COM:2020:253:FIN
Alternative sources
  • https://ec.europa.eu/competition/international/overview/foreign_subsidies_white_paper.pdf
Related Links
Commentary and Analysis
Politico, 16/06/2020: Brussels forges new weapons to shield EU market from China https://www.politico.eu/article/brussels-eu-china-weapons-shield-market/
Euronews, 17/06/2020: Acquisition blocks and redressive payments: what's in the EU's new foreign subsidy action plan? https://www.euronews.com/2020/06/17/acquisition-blocks-and-redressive-payments-what-s-in-the-eu-s-new-foreign-subsidy-action-p
CNN News, 17/06/2020: Europe is building defenses against Chinese takeovers of key industries https://edition.cnn.com/2020/06/17/business/eu-competition-china/index.html

EurActiv, 17/06/2020: EU seeks to beef up its defences against foreign subsidies https://www.euractiv.com/section/competition/news/eu-seeks-to-beef-up-its-defences-against-foreign-subsidies/
The Irish Times, 17/06/2020: EU moves to protect firms from unfair foreign competition https://www.irishtimes.com/business/retail-and-services/eu-moves-to-protect-firms-from-unfair-foreign-competition-1.4281771
Reuters, 17/06/2020: EU puts up barricade plan for state-backed foreign buyers https://uk.reuters.com/article/idUKKBN23O265
Jornal Económico, 17/06/2020: Brussels wants to oversee the purchase of European Union companies by foreign entities https://jornaleconomico.sapo.pt/en/news/brussels-wants-to-oversee-the-purchase-of-companies-from-the-european-union-by-foreign-entities-601954
EUObserver, 18/06/2020: EU plans tougher checks on foreign takeovers https://euobserver.com/economic/148678

European Commission: Public Consultation on the White Paper on Foreign Subsidies https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/12452-White-Paper-on-Foreign-Subsidies/public-consultation
European Commission: Press Release, 17/06/2020: Commission adopts White Paper on foreign subsidies in the Single Market https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1070
European Commission: Statement by Executive Vice-President Margrethe Vestager on adoption of White Paper on foreign subsidies in the Single Market (17 June 2020) https://ec.europa.eu/commission/presscorner/detail/en/statement_20_1121
European Commission: Discours du Commissaire Thierry Breton - Livre blanc sur les effets de distorsion liés au subventions étrangères au sein du marché unique (17 June 2020) https://ec.europa.eu/commission/presscorner/detail/en/speech_20_1119
Chinese Mission to the European Union: Remarks, 18/06/2020: Spokesperson of Chinese Mission to the EU Speaks on a Question Concerning EU White Paper on Foreign Subsidies http://www.chinamission.be/eng/fyrjh/t1789662.htm

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Record URL https://www.europeansources.info/record/?p=521986