Nordic countries (State aid context)

Nordic countries, which include Denmark, Finland, Iceland, Norway, and Sweden, often have specific rules regarding state aid—financial support from the government to businesses. In these nations, state aid is typically regarded with caution to ensure fair competition. Regulations help prevent distortions in the market, maintaining a balance between supporting local businesses and ensuring that all companies can compete on equal footing. The Nordic model emphasizes social welfare and economic equity, so state aid is designed to foster innovation and job creation without undermining competition or leading to unfair advantages for specific firms.