Politics, Subsidies and Competition : Edward Elgar Publishing : 9781858983240 : 185898324X : 24 Feb 1999 : Politics, Subsidies and Competition focuses on the interplay of political, economic and institutional-legal factors in the formation of European competition policy, with particular emphasis on European Union control of national subsidies. This book demonstrates the increasing significance of the EU in the management of European economies. It argues that state subsidization is the only remaining effective form of state intervention because, in the integrated European market, state aid - ranging from investment and export aid to special tax concessions - has become the only instrument that can be used to favour and protect national industries. This makes the control of state subsidization more important than ever, and the European Community's attempts to increase this control since the mid-1970s tell an intriguing story of fierce intergovernmental bargaining, business lobbying a