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Date
Rule
Foreign Subsidies
Staff
Premerger Notification Office
Response/Comments

To the extent the subsidies are given by entities outside of the government structure, each such entity must be listed and the respective subsidies described, even if the entity is granting subsidies pursuant to a government-sponsored / government-financed program. If the subsidies come directly from government agencies, they can be aggregated.

Question

Good afternoon – would you please be able to provide additional information in response to the section of the HSR filing form requiring the disclosure of subsidies from any foreign entity or government of concern? In providing a brief description of the subsidy, should each government department or program a source of subsidy comes from be specified or would an aggregated subsidy amount and description be sufficient if they all come from the same government?

About Informal Interpretations

Informal interpretations provide guidance from PNO staff on the applicability of the HSR rules to specific fact situations. They do not necessarily reflect the position of the Commission. You should not rely on them as a substitute for reading the Act and the Rules themselves. These materials do not, and are not intended to, constitute legal advice. 

Learn more about Informal Interpretations.