EU Competition Law

Volume IV, State Aid

Edited by: Leo Flynn, Nicola Pesaresi, Christina Siaterli

This two-part volume constitutes a state-of-the-art description and analysis of all aspects of the State aid discipline in EU competition law. Above all, it sets out all the novelties of the State Aid Modernization program which was launched in 2012 and completed in the summer of 2014. The second edition reviews all major guidelines, frameworks, and legislation, including the Procedural Regulation, the Enabling Regulation, the General block exemption Regulation, and the de minimis Regulation. The book explains the Commission's overall approach to compatibility of State aid, describes the new common principles for assessment, and discusses the new requirements for evaluation and transparency. It gives a detailed account of the new rules on research and development, energy and environment (including the ETS), risk capital and risk finance, regional development, and rescue and restructuring of firms in difficulty. The book also explains the first rules ever adopted by the Commission on important projects of common European interest. It discusses the relationship between State aid and the Structural Funds, in particular in light of the new use of those funds via financial instruments. All the main economic sectors affected by the modernization program are discussed, including broadband, cinema, public service broadcasting, aviation, maritime and land transport, agriculture, and fisheries. A special section is dedicated to services of general economic interest (SGEI), introducing the new SGEI package and explaining how it has been applied. The section on banking provides a full account of how the rules and enforcement practice have evolved since the start of the financial crisis and discusses the issues which arise with the introduction of the new regulatory framework for a European Banking Union. The notion of aid section takes account of the most recent jurisprudence of the EU courts and the Commission's decisional practice, thereby addressing issues frequently faced by practitioners and public authorities. *** Librarians: ebook available on ProQuest and EBSCO (Series: EU Competition Law - Vol. 4, 2 part set) [Subject: EU Law, Competition Law]

Publication Date: 4/17/2016
Format: Cloth
ISBN: 9789077644300