Public Companies and Trade Regulation in the Market Economy
Classified in Law & Jurisprudence
Written at on 
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Item 7: Public Companies
Public Enterprise Initiative
State intervention and public administrations through their firms in the economy are addressed in Article 38 of the European Community (EC) Treaty. This article recognizes the freedom of enterprise within the market economy. Public authorities guarantee and protect freedom of enterprise, in accordance with the requirements of the general economy and planning.
Article 128 EC establishes the possibility of public initiative, stating: "Public initiative recognizes economic activity. By law, resources can be reserved for public service or essential services, and intervention in companies may be agreed upon for reasons of general interest."
Conclusions:
- There may be areas that do not allow the involvement