A Comparative Study Between; “Withdrawal of Export Subsidy” Under Article 4(7) of the Agreement on Subsidies and Countervailing Measures And “Recovery of State Aid” Under Article 14 of the Regulation NO. 659/1999

Abstract: In a pure and perfect market economy, unlawful State aids and Subsidies do not exist. The reality, either in the EU or in the rest of the world, is however different from this ideal market. Some state resources have been allocated to certain undertakings and businesses to support them in the recent time; this is broadly common not only throughout the EU but internationally. Therefore, the recovery of granted unlawful aids and subsidies has a significant role in reinstatement of a level playing field between competitors in the same market after it has been distorted by these violative measures. This research aimed at consideration of recovery of these unlawful measures under the EU and WTO rules.