Oireachtas Joint and Select Committees

Tuesday, 4 December 2012

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Forthcoming Competitiveness Council: Discussion with Minister for Jobs, Enterprise and Innovation

2:30 pm

Mr. Padraig Hennessy:

Good aid is aid that facilitates the growth of industries and bad aid impedes competition in terms of it giving one person an advantage over another. The view of the directorate general for competition is clear, namely, it is in favour of more competition. In most cases, aid, unless it can be clearly shown not to destroy competition or interfere with the market, is not regarded as good aid. That is how the directorate looks at it. It is deeply philosophical on this issue.