EU Commission raids security equipment company over foreign subsidies concerns
- Country:
- Belgium
The European Commission on Tuesday raided a security equipment company in an EU country, saying that the company may have received distortive foreign subsidies.
"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," the EU executive said in a statement.
It did not name the company nor the country where it is located.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- The European Commission
- Commission
- Foreign Subsidies Regulation
Advertisement