State aid to banks (IVOR nr. 109) 2018/13.1:13.1 Introduction

State aid to banks (IVOR nr. 109) 2018/13.1

13.1 Introduction

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The problematic aspect of State aid is that it may create distortions of competition. For this reason, the restructuring plan should contain compensatory measures (i.e. measures to compensate for the distortions of competition) – this is the third (and final) pillar of the restructuring plan. In the context of this pillar, the Commission assesses whether the compensatory measures are sufficient to mitigate the competition distortions. The characteristics relevant to that assessment will be explored in the present chapter.

13.1.1 The need for compensatory measures13.1.2 The relevant context13.1.3 Structure of this chapter

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