Author: Motta, Massimo; Peitz, Martin
Title: State Aid Policies in Response to the COVID-19 Shock: Observations and Guiding Principles Cord-id: 4io7w7cs Document date: 2020_7_28
ID: 4io7w7cs
Snippet: As a general principle, state aid to firms and sector-specific support schemes should be used only when there are market failures; that is, when there are good reasons to believe that the market would not deliver efficient and/or equitable outcomes.
Document: As a general principle, state aid to firms and sector-specific support schemes should be used only when there are market failures; that is, when there are good reasons to believe that the market would not deliver efficient and/or equitable outcomes.
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