Essential Antitrust #26: Foreign subsidy control: EU gears up to review deals and business conduct

The EU has a brand new tool to police subsidies from non-EU governments. It gives the European Commission power to review M&A deals and public procurement bids, as well as initiate investigations. Companies potentially affected need already now to set up internal information gathering, and to factor the new rules into deal feasibility assessments and timelines.    In this episode, podcast host Jenn Mellott is joined by partner Merit Olthoff and counsel Lorand Bartels to talk about the situations in which these new subsidy control rules come into play, how they relate to the EU's existing WTO obligations, and how businesses can best prepare.