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Published 15:22 IST, September 24th 2024

EU clears deal by UAE's e& for PPF in first foreign subsidy probe

The examination of the acquisition is the first by the European Commission under the bloc's Foreign Subsidies Regulation which allows the watchdog to crack down on unfair foreign state support to their companies.

Reported by: Thomson Reuters
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15:22 IST, September 24th 2024