Corporate Strategy & Finance (EU, Competition & Trade) - Alert

    22 December 2008

    Competition - State Aid

    Ryanair wins State aid battle before the European Court of First Instance against the Commission’s Charleroi Airport decision – The Market Economy Investor Principle.

    Background

    The European Court of First Instance (CFI) recently annulled the Commission’s decision 2004/393/EC with regard to alleged advantages, granted by the Walloon Region and the Brussels South Charleroi airport, to the low cost airline Ryanair in connection with its establishment at that airport. The Commission did not properly apply the Market Economy Investor Principle (MEIP).

     

    In May 2008, international law firm Hammonds became a limited liability partnership.  Hammonds LLP and its affiliated undertakings has offices in Birmingham, Leeds, London and Manchester in the UK, and in Berlin, Brussels, Beijing, Hong Kong, Madrid, Munich and Paris.