Glossary of competition terms

This Glossary matches the list of keywords used by Concurrences search engine. Each keyword is automatically updated by the most recent EU and national case laws from the e-Competitions Bulletin and Concurrences Review. The definitions are excerpt from DG COMP’s Glossary of terms used in EU competition policy (© European Union, 2002) and the OECD’s Glossary of industrial organisation economics and competition law (© OECD, 1993).

State aid (existing aid)

To secure the abolition or adaptation of old pre-accession aid that is incompatible with the internal market or to review aid schemes which were authorized in the past but which may no longer be compatible with the internal market under the conditions currently prevailing, the Commission must inform the Member State concerned, who can submit comments within one month. The Commission then examines these comments and - if necessary - proposes appropriate measures to bring the existing aid in line with EU State aid rules. If the Member State does not accept these measures, the Commission must then initiate the formal investigation procedure. © European Commission