The conception of “economies of scale” in the conventional production era led to the proliferation of natural monopolies, as if demand for certain needs and products could only be sufficiently met by colossal entities. The most efficient method for achieving higher production capacities,...

The concept of state aid and the question of whether it serves or distorts the healthy competitive environment within the markets has been a controversial issue amongst different jurisdictions. While there is a possibility for this kind of aid to distort the competition in the marketplace by...