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E.C. Drafts New State Aid Guidelines For R&D

Law360 (April 21, 2006, 12:00 AM EDT) -- While the European Commission’s newly proposed framework on state aid for research, development and innovation may amount to more work for some large companies, overall the guidelines are likely to simplify current procedures, experts say.

The objective of the guidelines is to make state aid for R&D&I “compatible if the aid can be expected to lead to additional R&D&I and if the distortion of competition is not considered to be contrary to the common interest, which the Commission equates for the purposes of this framework with...
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