Belgium: Trade Regulation & Practices

The European Commission has delivered its first three-year review of the Foreign Subsidies Regulation, declaring the enforcement framework "fit for purpose" while acknowledging significant administrative burden on market participants. Though the regime has processed thousands of notifications since 2023, resulting in only a handful of in-depth investigations, the Commission has committed to targeted procedural simplifications expected in 2027, even as it doubles down on scrutinizing state-backed acquirers a

This judgment is noteworthy as it is the first instance that an EU court has ruled on the question of the Commission's rejection of a complaint on the grounds that an NCA is already dealing with the case.

European Commission examines whether acquisitions of minority shareholdings should be subject to EU merger control