State Aid in the European Union: Where Law and Economics Meet Together
Keywords:
European Union, Competition Law, State aid, economic growth, income level
Abstract
The main aim of this article is to give an overview about the Competition Law of the European Union with special regard to the provisions on State Aid which basically determine the level playing field a Member State can grant subsidies for enterprises primarily for economic purposes. Besides the legal environment by giving a brief theoretical summary on the need for State intervention I gave some contributions about the empirics of State aid by analysing the State aid expenditure, economic growth and income level in the European Union between 2004 and 2019.
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References
C Buehler, G Garnier, R Meiklejohn (2007) The economic analysis of state aid: Some open questions. 33.
(2004) of 21 April 2004 implementing Council Regulation (EC) No 659/1999 laying down detailed rules. 794, 1-134.
Phedon Nicolaides (2016) A Critical Review of the Commission Notice on the Notion of State Aid. 23(5), 842-864.
M Friedman (1962) Capitalism and freedom. 202.
J Garcia, D Neven (2005) State Aid and Distortion of Competition -A Benchmark Model.
P Huntington (1993) The Clash of Civilizations?. 72(3), 22.
Keynes (1936) The General Theory of Employment. 427.
Published
2021-08-24
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This work is licensed under a Creative Commons Attribution 4.0 International License.