State Aid

State Aid refers to financial assistance that governments provide to specific businesses or industries, which can distort competition and affect trade within the European Union. This aid can take various forms, such as grants, tax breaks, or low-interest loans. In competition law, it is regulated to ensure that no single company gains an unfair advantage over others. The European Commission reviews such aid to maintain a level playing field, promoting fair competition and preventing market distortion that could harm consumers and other businesses.