CASE COMMENTS: STATE AIDS - CROSS-SUBSIDIES

Cross subsidies: The European Commission decides that the transfer of the banking and financial business of La Poste to a subsidiary does not include State aid elements (Postal Bank)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. – EC Comm, C(2005) 5412, 21 December 2005, Banque Postale, box N 531/2005 On 21 December 2005, the European Commission decided that the transfer of the banking and financial activities of La Poste (France) to its subsidiary, La Banque Postale, did not contain elements of State aid (see note N. C., Competition and Regulatory News, AJDA, forthcoming). However, the Commission has not yet taken a position on other

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Jacques Derenne, Cross subsidies: The European Commission decides that the transfer of the banking and financial business of La Poste to a subsidiary does not include State aid elements (Postal Bank), 21 December 2005, Concurrences N° 1-2006, Art. N° 942, p. 169

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