Article 107 TFEU

Article 107 of the Treaty on the Functioning of the European Union (TFEU) addresses state aid, which is financial support that governments provide to businesses. It states that such aid is generally prohibited if it distorts competition and affects trade between EU countries. However, certain aids can be allowed if they serve public purposes, like promoting economic development or addressing market failures. The goal is to ensure a level playing field in the EU's internal market, preventing unfair advantages that could harm competition and consumers.