Transnational Subsidies: Achilles’ Heel for Foreign Investment, Trade, and Competition

In the recent years, the discussion around transnational subsidies is gaining momentum, and there is some debate about of how these government interventions should be regulated. The present article discusses the notion of transnational subsidies, the existing gap in the international regulation, and the initiatives adopted to discipline transnational subsidies to minimize trade and competition distortions.  At the same time, it questions whether these regulatory initiatives lead to increase