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State aid
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26/04/2024
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Commission approves €300 million French State aid measure to support Nuward in researching and developing small modular nuclear reactors
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The European Commission has approved, under EU State aid rules, a €300 million French measure to support Electricité de France's (EDF) subsidiary Nuward in researching and developing small modular nuclear reactors (‘SMRs'). The measure will contribute to the achievement of the strategic objectives of the European industrial strategy and the European Green Deal.
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Foreign Subsidies Regulation
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23/04/2024
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Commission carries out unannounced foreign subsidies inspections in the security equipment sector
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The European Commission is carrying out unannounced inspections at the premises of a company active in the production and sale of security equipment in the European Union.
The Commission has indications that the inspected company may have received foreign subsidies that could distort the internal market pursuant to the Foreign Subsidies Regulation.
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Conferences/Speeches
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26/04/2024
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Competition and competitiveness in uncertain geopolitical times
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Speech by EVP Vestager at the EU Competition Day,
Brussels, 26 April 2024.
[...] "I think we have made it clear that we will protect the Single Market. We will tackle distortive subsidies from wherever in the world they arise. But we will only act on the basis of clear evidence and in full respect of our international engagements and commitments." [...]
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Court
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24/04/2024
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Hispavima v Commission
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The Commission takes note of the judgment of the General Court upholding a 2013 Commission’s State aid decision. In its 2013 decision, the Commission concluded that a Spanish scheme for the purchase of ships involving leasing and financing through tax relief to be partly incompatible with EU State aid rules. The Commission found that the scheme conferred a selective advantage on economic interest groupings and their investors over their competitors. It therefore ordered Spain to recover the incompatible aid.
On 2 February 2023, the Court of Justice of the European Union largely upheld the Commission decision, while annulling it insofar as it only identified the economic interest groupings and their investors as beneficiaries of the aid.
In today’s judgment, the General Court ruled that one of the remaining applications for annulment against the Commission’s 2013 decision was without object as regards the question of the identification of the indirect beneficiaries of the scheme and dismissed the remainder of the action for annulment.
The judgment also confirms that the Commission was competent to ask Spain to set aside private contractual clauses which allowed beneficiaries of the aid scheme to shift the burden of recovery to third parties.
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Publications
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Video on EU Merger Control
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Events
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16/05/2024
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This is why we need competition policy
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Next stop of DG Competition's Markets for People series of debates? Aarhus, in Denmark, on 16 May 2024. Executive Vice President Margrethe Vestager will be moderating the debate. Speakers are: Michael Svarer (Professor at the Department of Economics and Business Economics, Aarhus University); Jakob Hald (Director General, Danish Competition and Consumer Authority); Sofie Carsten Nielsen (Director, European Biosolutions Coalition); and Nina Z. Munch-Perrin (Anchor, DR Nyheder)
You can register now to participate in the debate live in Aarhus. Otherwise, the corresponding live stream will be available on the event-dedicated webpage.
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New legislation
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