V. State Aid Policy
V. State Aid Policy

Author(s): Mihaela Kardos
Subject(s): National Economy, EU-Approach / EU-Accession / EU-Development
Published by: Publishing Inc. European Readings & Prodifmultimedia/Editura Napoca Star
Summary/Abstract: It is of fundamental importance that competitors operate on an equal basis. Faced with free trade between Member States and the opening of public services to competition, national authorities sometimes want to use public resources to promote certain economic activities or to protect national industries. The granting of these resources is known as state aid. State aid can distort fair and effective competition between companies in Member States and harm the economy, which is why theEuropean Commission monitors State aid.

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