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Houthoff | Three Years of FSR Enforcement: Time for Recalibration? | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources
It has been three years since the Foreign Subsidies Regulation (FSR) entered into force. This instrument, designed to tackle distortive foreign subsidies and “level the playing field”, has attracted both praise and criticism. Whilst the European Commission (Commission) declared the instrument fit for purpose in its first statutory review of the FSR in July 2026, it also noted that modifications may be necessary. In our yearly FSR review, we anal…
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