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Feed/CNS1998/0060(CNS)Trade & Economy

Competition: state aid and Article 93 EC Treaty procedures

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 333mo ago
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This regulation outlines the procedures for applying state aid rules to specific economic sectors. It aims to ensure fair competition within the EU by setting clear guidelines for how governments can provide financial assistance to companies.

It affects businesses and public authorities involved in granting or receiving state aid. The regulation clarifies the process for assessing whether such aid complies with EU competition law, promoting a level playing field.