Event

EU Committee

The Current Status of Foreign Subsidies - One Year Later

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Location: British Chamber of Commerce | EU & Belgium
Access: Full members only
Fee for members:
Fee for non-members:
The Chamber would like to invite you on 17 November 10:30 CET to attend our discussion on the current status of foreign subsidies in the Internal Market, where we will be delighted to hear from Eddy de Smijter, Head of Unit for International Relations at DG COMP, Hubert Klinger, Senior Counsel at Siemens AG, and Paul van den Berg, Partner at Freshfields Bruckhaus Deringer.

The current European regulatory framework for state subsidies and financial aid only covers entities within the Internal Market, leaving third-country parties a significant upper hand over their EU competitors. In order to fill this regulatory gap, the Commission has proposed the Foreign Subsidies Regulation, containing oversight and notification tools targeting state aid, mergers, acquisitions and public procurements involving third-country actors. The aim of this event is to discuss the current practices of subsidisation by international actors, and the way the upcoming legislation will protect the internal market from their distortive effects.

The event will start with an introduction by Carmen Bell, Chair of the BritCham Internal Market Committee, followed by the presentations of our panelists. Mr. de Smijter will provide an overview of the Foreign Subsidies Regulation, its aims and its expected impact, and Mr. Klinger will be sharing the perspective of European businesses. The presentations will be concluded by a Q&A session moderated by Mr. van den Berg, where participants will have the opportunity to pose their questions to the panel.

We look forward to welcoming you to the BritCham office for such an exciting and topical event!

Registration form

Speakers

Confirmed Eddy De Smijter

Eddy De Smijter

Head of Unit "International Relations" DG Competition, European Commission
Eddy de Smijter works in the Head of the A5 Unit, and is in charge of international relations at DG COMP. He joined the European Commission in 2001 as a member of the negotiation team on Regulation. In 2002, he was transferred to the team responsible for introducing the Commission policy on antitrust damage action. Mr de Smijter has also co-authored the modernisation package and the Commission's Green and White Papers.
Confirmed