General Block Exemption Regulation

The General Block Exemption Regulation (GBER) is a set of rules established by the European Union that allows governments to provide financial support to businesses without needing to seek prior approval from the EU. This is intended to promote economic development, innovation, and employment. GBER outlines specific conditions under which such aid can be granted, ensuring that it does not distort competition in the single market. By simplifying the process, GBER helps companies receive necessary funding while maintaining fairness in the market.