THE CONCEPT OF STATE AID AND ITS ROLE IN THE LEGAL COMPETITIVE ENVIRONMENT
Journal Title: Науковий вісник Ужгородського національного університету. Серія: Право - Year 2017, Vol 44, Issue 2
Abstract
The article investigates the principles and rules of state aid in the European Union. It is proved that the existing inter- national legal mechanisms regulating government subsidies under the WTO Agreement on Subsidies and Countervailing Measures has specific tools and targets, consisting mainly of redress and legal instruments regulating state aid in the EU are intended to prevent possible distortion of competition market. It is proved that fair competition in the market may be threatened not only by enterprises but also by the state in the form of its state aid. It is noted that the legislation of Ukraine this aspect of competition law is presented in fragments and the draft of the law fills the gap described in the article in details.
Authors and Affiliations
К. В. Смирнова
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