E.U. To Address State Aid In Global Competition

Law360, New York (March 23, 2006, 12:00 AM EST) -- European Union leaders are set to meet Friday to discuss, among other things, whether the European Commission should take a more flexible approach to state aid and recognize its use in global competition.

The role of state aid in global competition is especially contentious for Ireland, which lost a bid to provide more than $100 million in aid to attract computer maker Intel to the island. Ireland argued state aid rules shouldn’t have applied since its rivals in the bid were not E.U. member states....
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