The Use of Economics in Assessing State Aid Cases

10 Pages Posted: 5 Feb 2020

See all articles by Akos Reger

Akos Reger

Allegro Consulting

Cento Veljanovski

Case Associates; Institute of Economic Affairs

Date Written: January 12, 2020

Abstract

This paper discusses the use of economics in assessing some of the important factors of state aid measures. In light of the economic theory and the case law we outline the application of economics for the market economy investor principle (MEIP), and for the assessment of the 'necessity' and 'proportionality' of the aid given. We also discuss the economic interpretation of the concept of a 'well run' undertaking under the 4th Altmark criteria.

Keywords: state aid, market economy investor principle (MEIP), necessity, proportionality, 4th Altmark criterion

JEL Classification: D49, H25, L52, K21

Suggested Citation

Reger, Akos and Veljanovski, Cento, The Use of Economics in Assessing State Aid Cases (January 12, 2020). Available at SSRN: https://ssrn.com/abstract=3518158 or http://dx.doi.org/10.2139/ssrn.3518158

Akos Reger

Allegro Consulting ( email )

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Belgium

Cento Veljanovski (Contact Author)

Case Associates ( email )

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