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The EU proposed the Foreign Subsidies Regulation (FSR) in 2021 to address foreign subsidies distorting the Single Market. Operating as a screening instrument behind merger control, it requires companies to notify the European Commission of foreign financial contributions (FFCs) they may receive when participating in public procurement or mergers and acquisitions activity. Preventing FFCs from distorting the Single Market is an important goal – and one that must be achieved without creating its own disruptions.

Authored by Malte Lohan, CEO, AmCham EU

At the Alimentaria Conference in Barcelona, Edouard Coppieters, Senior Policy Adviser, AmCham EU, spoke about placing competitiveness at the centre of the European agri-food ecosystem. Taking place on Tuesday, 24 March, he outlined the role of simplification and Better Regulation principles in ensuring a stable agri-food supply chain and supporting the sector’s competitiveness. He noted that the sector operates within an international trade environment and that stakeholders across the value chain face challenges in adapting to the current legislative framework. He emphasised the need to simplify operations within the Single Market and ensure that legislation is fit for purpose rather than a box-ticking exercise. Aurélie Dufour, Europe Sustainability Engagement and Regulation Lead, Yum! Brands and Dirk Jacobs, Director-General, FoodDrinkEurope also joined the panel.