State aid

State aid is a subsidy provided by a government.

In European Union competition law the term has a legal meaning, any measure that demonstrates all the characteristics in Article 107 TFEU[1]

Measures which fall within the definition of state aid are unlawful unless provided under an exemption or notified.

References

  1. ↑ "Hyperlink". TFEU. Retrieved 2015-07-25.
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