Month: November 2025
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A new ‘balancing’ approach to remedies under the Foreign Subsidies Regulation? Some initial observations on the ADNOC/Covestro commitments
The ADNOC / Covestro commitments suggest that the European Commission is willing to apply the Foreign Subsidies Regulation creatively to design remedies that ‘balance out’ rather than eliminate the negative effects of a distortive foreign subsidy where doing so will secure investment and advance the EU’s wider policy objectives.