state aid

Show Summary Details

Quick Reference

Government assistance, often to local businesses, which is usually of a financial nature and discriminates against businesses trying to compete with them. Articles 87–89 of the Treaty of Rome and provisions in the Paris Treaty regulate the granting of such aid. Article 87 prohibits state aid, but the EU may approve certain types of state aid that are beneficial. About 30 cases a year are challenged by the European Commission under these provisions.

Subjects: Law.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.