State Aids Under European Community Competition Law

Part I of this Article describes the historical development of state aid in the European Community. Part II examines “public enterprises” and the need for transparency of state aid. Part III considers the future of regulating state aid in light of the European Economic Area (“EEA”) and the Europe Agreements concluded with the Central and East European Countries. Part IV proposes procedural guidelines with respect to the European Court of Justice, as well as the Commission's proposal of Council legislation under Article 94 of the Treaty Establishing the European Community (“EC Treaty”).