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Europe's grey area

By: Series: Building ; 266(8166)Publication details: 2001Subject(s): Summary: A look at the decision by the European Court of Justice that allowing state-aided bodies to take part in bids was not an infringement of European Union competition rules. Describes the implications of grant aid and observes that the arguments surrounding 'abnormally low offers' proved inconclusive and that further case law will be required to determine the legal definition of this term.

A look at the decision by the European Court of Justice that allowing state-aided bodies to take part in bids was not an infringement of European Union competition rules. Describes the implications of grant aid and observes that the arguments surrounding 'abnormally low offers' proved inconclusive and that further case law will be required to determine the legal definition of this term.