The European Commission has announced its adoption of a new Best Practices Code for State aid control. The Code provides guidance to the Commission, Member States, businesses and other stakeholders on the day-to-day conduct of State aid procedures, to improve their effectiveness, transparency and predictability. --- Over recent years, the Commission has implemented a major reform package, State Aid Modernisation. The reform allows Member States to quickly implement State aid that fosters investment, economic growth and job creation, leaving the Commission to focus its State aid control on cases most likely to distort competition in the Single Market. These efforts...