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How do EU fines subsidise EU businesses? https://competition-policy.ec.europa.eu/index/fines_en https://competition-policy.ec.europa.eu/index/fines_en : > Fin
by switch007 2y ago
How do EU fines subsidise EU businesses?
https://competition-policy.ec.europa.eu/index/fines_en https://competition-policy.ec.europa.eu/index/fines_en :
> Fines imposed on undertakings found in breach of EU antitrust rules are paid into the general EU budget. This money is not earmarked for particular expenses, but Member States' contributions to the EU budget for the following year are reduced accordingly. The fines therefore help to finance the EU and reduce the burden for taxpayers.