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Developments in EU State Aid Law

BY | May 28, 2014

This article is part of a Chronicle. See more from this Chronicle Till Muller-Ibold, May 28, 2014 State aid is a broad concept, covering advantages (anything over and above what…

This article is part of a Chronicle. See more from this Chronicle

Till Muller-Ibold, May 28, 2014

State aid is a broad concept, covering advantages (anything over and above what a functioning market would bear) granted by any State entity to specific beneficiaries. Such aid requires prior Commission approval, otherwise it may have to be reimbursed. State aid rules are aimed at ensuring that, based on different financial resources, Member States do not unfairly compete with one another and undert

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