International Competition Law Series Volume 66 The Market Economy Investor Test in EU State Aid Law unravels the notion of the Market Economy Investor Principle (MEIP). For more than thirty years, EU and EFTA courts have been using a test for applying the MEIP to determine whether a state intervention amounts to a granting of an economic advantage to a recipient undertaking. If the state wishes to act as a commercial operator, it must comply with the MEIP. Unsurprisingly, the test remains a difficult and controversial legal instrument, and its very existence and credibility have been questioned. This book analyses the applicability of MEIP in order to clarify doubts and misinterpretations. Such an understanding is crucial because of the consequences of the testandrsquo;s misapplication, and also because the ongoing process of opening markets for more competition blurs the distinction between the public and private sectors. Whatandrsquo;s in this book: The analysis
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