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21 Dec
16:01

UK competition authority studies proposed Tata Steel subsidy

The UK Competition and Markets Authority’s Subsidy Advice Unit (SAU) will create a report, involving third-party consultation, into the proposed £500 million ($633m) government funding for Tata Steel UK’s decarbonisation. This will evaluate whether the funding complies with the subsidy control requirements. SAU accepted a request for the report from the Department of Business and Trade (DBT). The deadline for third-party submissions is 5pm UK tim…
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