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Issue 3/2024 (page 50 ff.) of In-house Counsel contains an article with a statement by KPMG Law expert Jonas Brueckner.
The “Foreign Subsidies Regulation” has been in force since July of last year, and the notification requirements for M&A transactions and participation in public procurement procedures have been in force since October. Legal departments need to pay attention to a few points and be well prepared.
“The bidder within the meaning of the GDPR also includes affiliated companies such as dependent subsidiaries and associated companies and, under certain circumstances, even main subcontractors and main suppliers.”
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