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The body of EU competition law applicable to the Member States has developed dramatically over the last two decades, and is now one of the most dynamic aspects of this field. This book offers a comprehensive and integrated analysis of EU competition law as it applies in situations involving State action. With a transaction-based approach, the author examines a variety of State practices, such as licensing, price-fixing, subsidy and procurement, and identifies when and under what conditions they are compatible with EU competition law. The analysis extends not only to the liability of the State itself, but also of any firms implicated in its conduct. This is an area of increasing importance, and this book brings together all the strands of the subject.