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 (notification)

EU State aid control requires prior notification of all new aid measures to the Commission. Member States must wait for the Commission’s decision before they can put the measure into effect. There are a few exceptions to mandatory notification, for example: aid covered by a Block Exemption (giving automatic approval for a range of aid measures defined by the Commission), de minimis aid not exceeding €200,000 per undertaking over any period of 3 fiscal years (€100,000 in the road transport sector) or aid granted under an aid scheme already authorised by the Commission. European Commission