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Better Downstream Regulation through a More Refined State Aid Law Approach!

Christian Koenig

DOI https://doi.org/10.21552/ESTAL/2011/3/237



A lot of wood has been cut by the paper industry to print abstracts on the State Aid Action Plan (SAAP) and its Less and Better Target-Oriented State Aid Approach. Indeed, its “roadmap” guides us through some long and winding roads of economic thought, but leaves its practical impacts on the case law in the dark. If State aid, as regulation in general, is intended to remedy market failures, as distinguished sharply from government failures, due to, inter alia, externalit

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