Words / M / Law

market economy operator principle

phrase/ˈmɑːkɪt ɪˈkɒnəmi ˈɒpəreɪtə ˈprɪnsəpl/

C2CEFR level
96/100Rarity: very rare
TechnicalRegister

The test asking whether a private investor operating under normal market conditions would have provided the same funding, used to determine whether a measure confers an advantage.

The capital injection passed the market economy operator principle and so involved no State aid.

Similar: private investor test, MEOP

Topic: Competition & antitrust in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Competition & antitrust