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The more refined economic approach – still some room for fine-tuning?

Andreas Bartosch

DOI https://doi.org/10.21552/ESTAL/2007/4/109



Since its inception the so-called “more economic approach”, digging its way from merger control passing by Article 82 into State aid control, has been partly hailed as the coming of a new era, partly refused as, despite being an honourable goal in itself, misconceived. One of the more fundamental criticisms voiced is that its practical implementation, in particular in the new risk capital guidelines for SMEs and for R&D&I applying the newly created ba

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