It’s that time of year again: The European Commission’s Third Annual Report on FDI Screening is out!

Sophie Bohnert

By Sophie Bohnert, Vienna University of Economics and Business/College of Europe   Introduction On 19 October 2023, the European Commission (“EC”) published its Annual Report on the screening of foreign direct investments into the Union (“Report”), covering the year 2022. This Report is accompanied by the usual Staff Working Document. This is the third report…

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National Interest and Freedom of Establishment: The CJEU’s Judgment in Xella

CELIS Update on Investment Screening – June 2023

By Bálint Kovács In its judgment[1] published on 13 July 2023, the Court of Justice of the European Union (CJEU) ruled that Hungary’s decision to prohibit an investment by a foreign-owned Hungarian company aiming to acquire a Hungarian company violated the freedom of establishment. The prohibition involved the use of the novel foreign direct investment…

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