The EU Commission opens an investigation into proposed Hungarian public support for a plant in the battery cell production facility market (Samsung)

STATE AID: COMMISSION OPENS INVESTIGATION INTO PROPOSED PUBLIC SUPPORT FOR SAMSUNG PLANT IN HUNGARY* The European Commission has opened an in-depth investigation to assess whether Hungary's plans to grant €108 million of public support to Samsung SDI for investing in the expansion of its battery cell production facility in Göd (Hungary) is in line with EU rules on regional State aid. Commissioner Margrethe Vestager, in charge of competition policy, said: "Public investment is important to foster economic growth in disadvantaged regions in Europe. But public support should only be given if it's necessary to trigger private investment in the disadvantaged region concerned. Otherwise, it only gives the beneficiary an unfair advantage over its competitors, at the expense of taxpayers. The

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European Commission, The EU Commission opens an investigation into proposed Hungarian public support for a plant in the battery cell production facility market (Samsung), 14 October 2019, e-Competitions Bulletin November 2019, Art. N° 92095

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