EU State Aid Control – Law and Economics
In recent years, the European Commission has conducted an almost complete overhaul of State aid control in the European Union (EU). The State Aid Modernization (SAM) initiative has engendered new secondary legislation, as well as new guidelines covering practically all areas of State aid control, including both horizontal and sector-specific rules. Notable in these developments is an increasingly refined economic approach, both in the design of the rules and in the assessment of individual cases. This book, first of a kind in its in-depth analysis of the current legal and economic principles of EU State aid control, thoroughly explores the main rationales of State aid, the main concerns and the various trade-offs that underlie the rules and the decisions ultimately taken by the Commission and the Courts.
Distinguished experts − including lawyers, economists, academics, and officials of the European Commission and of Member State authorities − share their legal and economic experience, insight, and critique of EU State aid control as it stands.
Table of Contents
Editorial
Philipp Werner and Vincent Verouden
Chapter 1: Introduction – The Law and Economics of EU State Aid Control
Vincent Verouden and Philipp Werner
PART I – THE NOTION OF STATE AID
Chapter 2: Advantage
Giuseppe Conte and James Kavanagh
Chapter 3: State Measure
Rein Wesseling and Marieke Bredenoord-Spoek
Chapter 4: Selectivity
Michael Honoré
Chapter 5: Distortion of Competition and Effect on Trade
Jacques Derenne and Vincent Verouden
PART II – COMPATIBILITY OF STATE AID
Chapter 6: Compatibility of Aid – General Introduction
Leigh Hancher and Phedon Nicolaides
Chapter 7: General Block Exemption Regulation
Koert van Buiren and Alexander Rose
Chapter 8: Ex Post Evaluation of Aid
Xavier Boutin and Inkalotta Nuotio-Osazee
Chapter 9: Research, Development and Innovation Aid
Pascal Belmin and Hans Zenger
Chapter 10: Regional Aid
Hans W. Friederiszick and Massimo Merola
Chapter 11: Risk Finance Aid
Isabel Taylor and Albert Bravo-Biosca
Chapter 12: Rescue and Restructuring Aid
Ulrich Soltész and Bruce Lyons
Chapter 13: Services of General Economic Interest
Philipp Werner and Vincent Verouden PART III – STATE AID IN SPECIFIC
SECTORS
Chapter 14: Infrastructure Aid
Penelope Papandropoulos and Elisabetta Righini
Chapter 15: State Aid in the Broadband Sector
Hein Hobbelen and Oliver Stehmann
Chapter 16: State Aid in the Postal Services Sector
Alessandra Fratini and Khaled Diaw
Chapter 17: Transport Aid
Udo Woll and Andrew Meaney
Chapter 18: Energy and Environmental Aid
Kai Struckmann and Geza Sapi
Chapter 19: Aid to Broadcasting, Culture and Sport
Christine Gerlach and Dimitrios Pikios
Chapter 20: Aid in the Banking Sector
Stan Maes and Stephen Mavroghenis
Chapter 21: State Aid and Privatisation
Andreas von Bonin and Elisabeth Häringer