The EU Commission decides that restructuring aid granted by Germany in favor of textile company is incompatible with the common market (Lautex)

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Reference

EU Commission, Lautex, Case C23/1997, 20 July 1999

"Germany - Commission decides aid to Lautex GmbH Weberei und Veredelung (Saxony) intended for restructuring to be incompatible with the common market"* In July 1999, the Commission ruled that restructuring aid of around DM 120 M (some € 61

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  • European Commission - DG COMP (Brussels)
    Belgium 52 contributions 9633 visits

Quotation

Madeleine Tilmans, The EU Commission decides that restructuring aid granted by Germany in favor of textile company is incompatible with the common market (Lautex), 20 July 1999, e-Competitions July 1999, Art. N° 39302

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