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Regional State Aid and Competition Policy in the European Union (Hardcover)
Loot Price: R4,584
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Regional State Aid and Competition Policy in the European Union (Hardcover)
Series: European Monographs Series Set
Expected to ship within 10 - 15 working days
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The increasing importance attached to the economic and social
cohesion of the European Union since the 1980s, and the role of
competition policy in achieving this objective, has special
significance for the control of regional aids, given the general
ban on State aid. Regional aids are considered to have the
potential to contribute to economic and social cohesion and to
undermine its attainment. The notion of competition policy as an
instrument of economic and social cohesion has become a standard
part of Commission rhetoric in defence of its actions. This book is
concerned with the influence of EU competition policy on the
regional policies of the Member States. It focuses on how the
European Commission has interpreted the derogations from the State
aid ban to enable the conduct of regional aid policies. The book
takes both a historical perspective, tracing the evolution of
policy, and a thematic one, examining in particular the
relationship between EU competition and cohesion policies and the
treatment of aid to very large projects. The author clearly
demonstrates that, in reality, the competition policy control of
regional aids is of much longer standing than the community's
explicit regional aid policy and, in many respects, of arguably
greater influence. She shows how competition policy has for almost
thirty years shaped the design, scope and implementation of
national regional aid policies; in no EU country has regional
policy been unaffected by Commission intervention in the name of
competition policy. Moreover, the policy principles developed for
the EU now apply extraterritorially to members of the European
Economic Area and to the current applicant countries. The
study'soverall perspective is policy-oriented. It considers both
the impact of Commission intervention in the past and the
implications of policy for the future, especially in the context of
enlargement and a wider Europe. It will be an invaluable resource
for all policymakers and practitioners active in the fields of
economic development, regional policy and State aid law at
European, national and subnational levels.
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