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date: 18 September 2019

Abstract and Keywords

This chapter discusses EU state aid policy in its dynamic evolution, looking at its principles as enshrined in the treaty and developed over sixty years by the case law of the European Courts and the practice of the European Commission. By analysing key concepts such as the notion of aid and the compatibility criteria, it argues that EU state aid law, although retaining its function of controlling unfair state interventions for the benefit of the internal market, cannot be fully understood without taking into account the profound transformations of the role of the state and the evolution of the European model of social economy.

Keywords: state resources, state imputability, market investor principle, selectivity effect on trade, distortion of competition, compatibility criteria, state aid modernization

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