European Commission Uses Dawn Raids to Investigate Foreign Subsidies

April 2024
Region: Europe

On 23 April 2024, the European Commission carried out unannounced inspections, known as “dawn raids”, on the premises of a Chinese-owned security equipment company using its powers under the Foreign Subsidies Regulation (FSR). This marks the first time that the Commission has exercised its dawn raid powers under the FSR to investigate foreign subsidies received by a company in the EU that are suspected of distorting competition.