Client Alert | EU | Competition & International Trade
On 19 May 2016, the European Commission issued its Notice on the notion of State aid (hereafter ‘the Notice’). This Notice constitutes the latest step in the modernisation of the EU framework on State aid control.
The modernisation of the European Commission’s State aid policy is a process which was launched in 2012 and implemented in several steps. It began with the revision of the guidelines applicable to aid in specific sectors (such as the Environmental, Regional or Risk Capital Guidelines, cf. our January 2014 alert).
The European Commission then reviewed and amended the General Block Exemption Regulation (GBER) in order to focus the Commission's resources on enforcing State aid rules in cases with the biggest impact on the Single Market.
Please click on the file below to read the full Client Alert.