
Altmark Trans (Judgment)
The Altmark Trans (Judgment) is a European court decision that clarified when government-supported companies providing essential services, like transportation, can receive financial aid without violating competition rules. It states that such aid is permissible if the company was already operating efficiently before receiving support, if the state compensated it only for specific costs directly related to its public service, and if it was fairly chosen through competitive procedures. Essentially, it sets conditions under which government financial support to public service providers doesn’t unfairly distort competition, helping balance public service needs with fair market practices.