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State Aid is a form of government intervention in international trade, which is used to provide financial assistance to domestic companies in order to promote economic development. This assistance can take the form of subsidies, tax breaks, or other forms of financial support. State Aid is often used to help domestic companies compete in international markets, or to encourage investment in certain sectors. It can also be used to protect domestic industries from foreign competition.
State Aid is a controversial issue in international trade, as it can be seen as a form of protectionism. It is also subject to various international agreements, such as the World Trade Organization's Agreement on Subsidies and Countervailing Measures.
The State Aid market is made up of a variety of companies, including consulting firms, law firms, and financial institutions. These companies provide advice and assistance to governments and companies on State Aid issues, as well as helping to facilitate the implementation of State Aid measures. Examples of companies in this market include Deloitte, KPMG, and PwC. Show Less Read more
