How Reasonable a Private Investor Can Be Assumed to Be? Corsica Ferries France

@inproceedings{Galletti2015HowRA,
  title={How Reasonable a Private Investor Can Be Assumed to Be? Corsica Ferries France},
  author={Gian Marco Galletti},
  year={2015}
}
A well-settled jurisprudence of the European courts tells us that the notion of State aid is an objective legal concept upon which the Member States must be able to rely. This is arguably the reason why the recent case law has attempted to frame the discretion of the Commission, by identifying both the procedural steps to be followed and the type of factors to be taken into account when assessing the legitimacy of the public intervention in the economy against the behaviour of a hypothetical… CONTINUE READING

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