State aid | Practical Law

State aid | Practical Law

State aid

State aid

Practical Law UK Glossary 9-385-1413 (Approx. 3 pages)

Glossary

State aid

Aid from a Member State to a business that the Treaty of Rome declares generally incompatible with the aims of the common market. Broadly it means a Member State’s financial aid that favours selected businesses and has the potential to distort competition and affect trade between EU Member States.