Alert
12 May 2025

Practical Takeaways from the Recently Published EU Foreign Subsidies Decision in Case FS.100011 – e&/PPF

The European Commission has released the full, non-confidential text of its decision in Case FS.100011 – e&/PPF, marking a watershed moment under the EU Foreign Subsidies Regulation (FSR). This is the first case to be cleared with commitments, setting a precedent for how foreign subsidies will be scrutinized moving forward — particularly in transactions involving state-owned enterprises, sovereign wealth funds, and non-EU governmental entities. This article discusses the practical takeaways and implications of this decision. To read the full article, please click here.