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The EU Commission extends the community framework for State aid in the motor vehicle industry until the end of 2001

"Prolongation of the Community Framework for State aid in the motor vehicle industry until the end of 2001"*Background The Commission introduced a Community framework for State aid to the motor vehicle industry in 1989, with the twofold aim of increasing the transparency of aid flows and imposing strict discipline in the granting of such aid in order to reduce distortions of competition in the Community industry to a minimum. Various features of the industry, such as its major significance from an employment, trade and technological development point of view, but also the emergence of overcapacity, made such a framework essential. Since 1989, successive frameworks have been published. The current framework [1] came into force on 1 January 1998 for a period of three years. It

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  • European Commission - DG COMP (Brussels)

Quotation

Madeleine Tilmans, The EU Commission extends the community framework for State aid in the motor vehicle industry until the end of 2001, 9 September 2000, e-Competitions September 2000, Art. N° 39135

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