AmCham EU has joined eight industry associations to propose several ways to increase the Foreign Subsidies Regulation’s (FSR) proportionality and efficiency. Two years after its entry into force, the FSR has proven overly burdensome, impacting investment decisions and creating uncertainty for companies operating in the EU. The current scope requires excessive data collection and complex filings, diverting resources from growth and innovation. The coalition urges the European Commission to refine the FSR to focus on truly distortive subsidies, streamline procedures and strengthen data protection. Learn how targeted adjustments to the FSR can safeguard fair competition while boosting Europe’s competitiveness in the joint industry statement
Industry urges targeted reform of Foreign Subsidies Regulation to boost EU competitiveness
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