What is state aid in competition law?
A company that receives government support gains an advantage over its competitors.
What is state aid de minimis scheme?
As small amounts of aid are unlikely to distort competition, a useful approved EU mechanism for State aid is the industrial de minimis regulation which allows small amounts of aid, that is, less than €200,000 over three consecutive fiscal years, to a single undertaking for a wide range of purposes.
What does DG stand for European Commission?
Directorate-General
This benefits consumers, businesses and the European economy as a whole. Within the Commission, the Directorate-General (DG) for Competition is primarily responsible for these direct enforcement powers.
What is state aid called now?
Subsidy
“Subsidy” is the new “state aid” – broadly the same meaning as the definition in Article 107 TFEU albeit using language which is more friendly to a common law legal system.
What is state aid called?
GLOSSARY. State aid is financial assistance that a state offers to eligible residents to help reduce their educational costs. Two examples of state aid include the Cal Grant and the New York State Tuition Assistance Program (TAP).
What is the aim of competition policy?
The primary objective of competition policy is to enhance consumer welfare by promoting competition and controlling practices that could restrict it. More competitive markets lead to lower prices for consumers, more entry and new investment, enhanced product variety and quality, and more innovation.
What does DG mean?
| Acronym | Definition |
|---|---|
| DG | Director General |
| DG | Distributed Generation (natural gas) |
| DG | Dangerous Goods |
| DG | District Governor |
What is the ECJ and what does it do?
Formally known as the Court of Justice of the European Union, the European Court of Justice (ECJ) is the judicial authority of the EU, ruling on member states’ compliance with EU treaties, interpreting EU law and deciding on the legality of EU institutions’ actions.
What is the primary objective of the DG Competition?
The primary objective is “on-the-job” training, ie. visitors will typically be attached to one of DG Competition’s Antitrust, Mergers or State aid units and join one or several case teams.
How does the European Commission’s Directorate General for competition work?
DG Competition offers an unpaid External Visitors’ Scheme (EVS) to officials from competition authorities outside the European Union. The primary objective is “on-the-job” training, ie. visitors will typically be attached to one of DG Competition’s Antitrust, Mergers or State aid units and join one or several case teams.
Is there a DG Competition for postgraduate students?
DG Competition offers an unpaid visitors’ scheme for postgraduate students to get an understanding of its work. For further information contact: HR AMC BREY COMP TRAINEES
Who is responsible for control of state aid?
Decisions on state aid are taken by the Commissioners as a collective body ( “the College”). The Directorate General for Competition (DG COMP) is responsible for enforcing EU state aid rules, including in respect of aid to banks. As of 1 July 2018, 28 of DG COMP’s approximately 800 staff were working on state aid control in respect of banks.