The EU Commission approves concession agreements in the Greek air sector, finding that they do not constitute State aid (Fraport Regional Airports)

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Concession Agreements Free of State Aid* Awards of concession contracts should follow a procedure which is open, transparent, non-discriminatory and unconditional. Prices may be regulated to prevent excessive prices and profits. But, the concession fee may be adjusted to enable the concessionaire to earn a sufficient return. Introduction This article examines the link between State aid and concession agreements. In decision SA.44259, the Commission considered whether concession agreements for the upgrading, operation and maintenance of 14 Greek regional airports involved State aid. The concessions were granted within the context of a broader privatisation programme that Greece had implemented in response to the economic crisis. This is an instructive case. The Commission assessed

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