
State aid recovery
State aid recovery occurs when a government provides financial support to a company or industry that breaches EU rules on fair competition. If the aid is found to be illegal or unfair, the EU may require the recipient to pay back the amount received. This process ensures that public funds are used appropriately and maintains a level playing field for all businesses within the EU. Essentially, it's about correcting situations where government assistance might distort competition, ensuring transparency, fairness, and adherence to European regulations.