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State aid and competition policy in the European Union in the period of economic crisis

Author

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  • Joanna Dzialo

    (University of Lodz)

Abstract

The global economic crisis has caused the need for the state involvement in process of rescuing before the bankruptcy of many economic entities, initially in the financial sector, and then, at a later stage of the crisis, also in the real economy. In the European Union action takes the form of state aid, which is strongly regulated because it means benefits for its beneficiaries, and therefore violates the rules of market competition. Therefore, the provision of state aid is controversial because it potentially affects adversely competition policy pursued in the EU. The purpose of this article is to analyze and assess the impact of the state aid on competition policy in the EU in the times of economic crisis.

Suggested Citation

  • Joanna Dzialo, 2014. "State aid and competition policy in the European Union in the period of economic crisis," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 13(1), pages 211-224, March.
  • Handle: RePEc:cpn:umkeip:v:13:y:2014:i:1:p:211-224
    DOI: 10.12775/EiP.2014.016
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    More about this item

    Keywords

    financial sector; real economy; crisis state aid;
    All these keywords.

    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • R28 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Government Policy

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