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The new EU Foreign Subsidies Regulation Luigi Gaetano Pezzotti Piccoli [Recurso electrónico]

Por: Tipo de material: TextoSeries Documento de trabajo ; Serie, Política de la competencia y regulación ; 64/2024Detalles de publicación: Madrid : CEU Ediciones , 2024Descripción: 54 pTema(s): Recursos en línea: Resumen: In 1957, six European States strongly believed that the establishment of a Common Market within the continent could provide them with a new source of economic growth. Accordingly, within the Treaty of Rome (TEC), these States agreed to create a European Economic Community (EEC), tasked with constantly ensuring the well functioning of this newly established level playing field. Europe has been accusing for a long time that “the EU should not be a naïve open economy,” pointing out that current demands require the inclusion of a new block in European competition law. The Covid crisis has exposed several areas where Europe must enhance its resilience to prevent and withstand future shocks. While remaining committed to open and fair trade, Europe must prioritize reducing its dependence and strengthening the security of its supply. To achieve this, Europe must focus on enhancing its strategic autonomy, economic security, and potential for job creation. To do so, EU institutions have realized that recently foreign subsidies have had a distorting impact, creating an uneven playing field for companies that compete in the EU internal market.
Tipo de ítem: Recurso electrónico para descargar
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Bibliografía: p. 34-40

In 1957, six European States strongly believed that the establishment of a Common Market within the continent could provide them with a new source of economic growth. Accordingly, within the Treaty of Rome (TEC), these States agreed to create a European Economic Community (EEC), tasked with constantly ensuring the well functioning of this newly established level playing field. Europe has been accusing for a long time that “the EU should not be a naïve open economy,” pointing out that current demands require the inclusion of a new block in European competition law. The Covid crisis has exposed several areas where Europe must enhance its resilience to prevent and withstand future shocks. While remaining committed to open and fair trade, Europe must prioritize reducing its dependence and strengthening the security of its supply. To achieve this, Europe must focus on enhancing its strategic autonomy, economic security, and potential for job creation. To do so, EU institutions have realized that recently foreign subsidies have had a distorting impact, creating an uneven playing field for companies that compete in the EU internal market.

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