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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

The Foreign Subsidies Regulation (FSR) is designed to support fair competition in the EU, but after two years of use it has become more complex and demanding than expected. Companies face heavy reporting requirements, unclear procedures and rising compliance costs, which risk slowing investment and creating uncertainty. To keep Europe competitive, the framework needs to be more focused, balanced and easier to apply. Clearer rules and a more proportionate approach would help ensure the system works as intended. Learn how these improvements can strengthen the FSR and support a more predictable business environment.

On Tuesday, 25 November, AmCham EU hosted Miguel Gil Tertre, Head of Cabinet and Thomas Woolfson, Member of Cabinet to Executive Vice-President Teresa Ribera, for an exchange with our Board on Europe’s economic agenda. The discussion explored priorities for strengthening Europe’s competitiveness, ensuring a well-functioning Single Market and advancing effective transaction screening. With US companies closely integrated into the EU economy, a shared commitment to boosting investment and innovation remains essential.