Brussels à Jour: Exploring the First 100 Days of the Notification Obligation under the Foreign Subsidies Regulation
27 March 2024
Ursula von der Leyen’s State of the EU (“SOTEU”) speech on 15 September showed that the bloc is emerging from the shadows of the pandemic stronger and with bold moves on its mind. One of them is – what some might call “protectionist” but the European Commission (“EC”) chose to name “tech sovereignty” – building a digital fortress Europe, which would support the European economic recovery. The EC’s approach is based on the draft Digital Markets Act (“DMA”), innovating with a new industrial policy plan, all while the speech refrained from mentioning any competition developments.