Wednesday, November 09, 2022

European Union - Parliament wants to clamp down on foreign public subsidies

Government financing of enterprises has been on the rise worldwide, in particular because of China's growing role in the global economy.
Foreign subsidies can have a distortive effect on competitive markets.Parliament wants the European Commission to have the power to investigate and counteract market-distorting foreign subsidies granted to companies set to acquire EU businesses or take part in EU public procurement.
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EU: Employment and Social Affairs MEPs call for new rules on the use of algorithmic management at work

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