Related items

With the Foreign Subsidies Regulation (FSR) under review, now is the moment to ensure it delivers on its objectives without creating unnecessary complexity. The FSR plays an important role in addressing distortive foreign subsidies. However, its broad scope and resource-intensive procedures risk undermining its effectiveness. 

The current framework creates significant burdens for investors and contracting authorities managing public procurement processes. Changes to the Implementing Regulation alone would only provide limited value. Simplification will require targeted amendments to the primary legislation. 

Read more about proposed amendments that would help refocus the FSR on high-risk cases and support the EU’s competitiveness goals.

Together with 14 other associations, AmCham EU has signed a joint statement on the European Commission’s Digital Omnibus on AI, calling for a clear, simple and innovation-friendly implementation of the AI Act. Co-legislators should swiftly reach an agreement on an ambitious final text that keeps simplification at its core. Measures to streamline overlaps with existing EU legislation and improve legal certainty are essential, alongside targeted adjustments to ensure the framework remains practical. This includes extending grace periods for generative AI labelling requirements, ensuring greater legal clarity for AI systems entering the EU market, preserving the risk-based approach of the AI Act by exempting non high-risk systems from registration, and supporting fixed compliance deadlines for high-risk systems.

Learn how the EU can support a clear and innovation friendly framework in the joint statement.

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.