Updates & Corrigenda

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Dear Reader of "Essential EU Competition Law in Charts, 2011 Edition". Please take note of the following updates and corrigenda:

Update | p. 69

Page: 069 Chapter: 4. State aid Chart Number: C52 Chart Title: Derogations

In the 4th row, in the middle, the box should read:

Clarification of Art. 107(3) TFEU through General Block Exemption Regulation 651/2014/EU, adopted on the basis of Regulation 994/98/EC

(Formerly: Regulation_ 800/2008/EC)

 

In the 5th row, on the left hand side, the box entitled “Generally”, should read:

Generally

Aid of ≤ EUR 200,000 over a period of 3 fiscal years is exempted.

 

In the 5th row, on the right hand side, the box entitled “Specifically for the road transport sector”, should read:

Specifically for the road transport sector

Aid of ≤ EUR 100,000 over a period of 3 fiscal years is exempted.

 

In the last box entitled “Temporary framework in the economic crisis”, the following should be added:

Temporary framework in the economic crisis

The Commission Communication: Temporary Union framework for State aid measures to support access to finance in the current financial and economic crisis (2011) expired on 31 December 2011:

Based on Art. 107(3)(b) TFEU, the Commission _ considered temporary state aid acceptable if it did not exceed a cash grant of EUR 500,000 per undertaking and if it fulfilled certain further criteria.

Commission Communication on the application, from 1 August 2013, of State aid rules to support measures in favour of banks in the context of the financial crisis (2013): The Commission extends the crisis rules for banks.

Published: 26 August 2014