After decades of debate, and driven in part by “Buy American” measures in the United States, the European Union has launched the International Procurement Instrument (IPI) – a new device to punish those (including potentially U.S. vendors) from nations that do not open their public procurement markets to vendors from the European Union. At the same time, the EU has reached political agreement on a different measure which would impose price penalties on foreign bidders that received government subsidies. For its part, Switzerland, in its Public Procurement Act, entered into force in January 2021, has adopted similar measures against unfair pricing from abroad.
Join the GW Law Government Procurement Law Program for a free, hour-long webinar on Wednesday, September 7, 2022 at 9:00 am EST (14:00 UK / 15:00 CET) on these critical developments – measures which define new approaches to protectionism – with legal experts and economists from both sides of the Atlantic. Michael Bowsher QC will be on the panel.
To register, please click here.