The EU Foreign
Subsidies Regulation
Foundational law, Phase II precedent, and a deal-team playbook — practitioner-grade, updated April 2026.
The Practitioner Standard
A definitive reference for professionals who cannot afford to overlook regulatory uncertainty in cross-border M&A.
Merger-Arb Investors
Understand how FSR timelines and Phase II risks drive deal spreads and regulatory outcomes.
Deal Practitioners
Legal and regulatory advisors managing notification filings and DG COMP engagement.
Corp Strategy & Dev
Evaluate non-EU state support impacts on transaction certainty and long-term compliance.
What's Inside
Detailed Curriculum
Foundational Law
Statute, key articles, and implementing regulation.
Functional Mechanics
Pre-notification timelines, Phase I/II architecture, and remedy design.
Key Cases & Precedent
e&/PPF, ADNOC/Covestro, EA/PIF, Nuctech, and Goldwind briefings.
The People Who Matter
DG COMP org chart, Directorate K mandates, and case team structure.
Practitioner Playbook
Deal-structuring checklist, arb spread drivers, and 2026 outlook.
“Pre-notification is the clock.”
For bidders from geographies viewed as distortive, six to eight months of pre-notification is the working average. Even Phase I cases like SALIC/Olam Agri have required Phase II-level information disclosure.
Master the FSR Precedent.
Download the complete 2026 practitioner tutorial and navigate Europe's new regulatory clearinghouse with confidence.