ECJ quashes Commission’s appeal over EDF state aid tax benefit

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ECJ quashes Commission’s appeal over EDF state aid tax benefit

Joe Dalton
June 06 2012
edf2.jpg

The European Court of Justice (ECJ) overturned the European Commission’s ruling that a tax benefit obtained by electricity company EDF constituted improper state aid on Tuesday, saving the company €889 million ($1.1 billion).

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