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European Competition Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • General Introduction

  • Part 1: Introduction

  • Part 5: State aid

    • Title 1: Introduction

    • Title 2: Prohibited aid

      • Chapter 2: Advantage

        • Section 3: Assessment

          • I: Market economy operator principle

            • A: Conditions of application

            • B: Abnormal market conditions

          • III: Assessment criteria

      • Chapter 5: Effect on trade between Member States

383. Abnormal market conditions

1 minute de lecture

In normal market conditions, a private operator makes capital injections, contributions or increases only if the rate of return is sufficient and the beneficiary in a sound financial position on a market where economic prospects show signs of development. It grants loans only to undertakings liable to repay them and provided that it obtains a sufficient return on investment. Lastly, it carries out …

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