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The EU does that, yes. He’s saying countries can’t do that to their own industries, however, which I am led to believe is correct.
by kranke155 2y ago
The EU does that, yes. He’s saying countries can’t do that to their own industries, however, which I am led to believe is correct.
- qwytw 2y agoI think it applies only to aids for specific companies? e.g. if all companies that satisfies some requirements (e.g. N number of employees/new jobs , specific geographic area, industry etc.) cam receive the aid it's legal.
- toyg 2y agoCorrect. This said, if the incentives are tailored a bit too much (i.e. there is clearly only one company that satisfies the prerequisites), it could be challenged as state aid. You still need someone to start the challenge though - either a competing company or a Commissioner.