
EU Guidelines on State Aid
EU Guidelines on State Aid are rules set by the European Union to ensure fair competition among businesses. When a government gives financial support or advantages to certain companies, it can distort the market. The guidelines outline when such aid is acceptable, aiming to support economic development while preventing unfair advantages. They encourage member states to invest in areas like innovation, infrastructure, and employment. Ultimately, these rules help maintain a level playing field for all businesses in the EU, promoting healthy competition and protecting consumer interests.