At least since the launch of the State Aid Action Plan (SAAP) by EU Competition Commissioner Neelie Kroes in 2005, it is clear that State aid control in Europe will be subject to significant change. As in other areas of competition policy, the European Commission, with support from Professor Lars-Hendrik Röller, the Chief Economist, Directorate General for Competition, is aiming to introduce an economics-based approach and, as such, one that is effects-based rather than form-based.
The CRA study, which has been commissioned by the Directorate General for Economic and Financial Affairs, develops an economic methodology to assess state aid and provides a number of recommendations of immediate and practical relevance:
See full Press Release.
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