European Commission Unveils Its Anti-Coercion Instrument Proposal

On December 8, 2021, the European Commission unveiled its much-teased proposal for an anti-coercion instrument to respond to what it perceives as the rising weaponization of trade in a geo-economic context, where third countries unduly interfere with the policy choices and sovereignty of the European Union or its member states. This Legal Update provides further detail on what is proposed and what happens next.