A PYMNTS Company

Some Reflections on the European Commissions State Aid Policy

 |  October 16, 2006

Philip Lowe, Nov 01, 2006

This article first sets out the main economic and legal requirements for a competition enforcement system to be effective, as well as the main building blocks upon which the effectiveness of any such system depends. It then explains how the Commission is currently implementing these requirements in its reform of the State aid control system. The article concludes by describing the remaining challenges, on both substance and procedure, in order for the State aid reform to constitute one of the cornerstones of the Commissions strategy for growth and jobs.

Links to Full Content