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Judgment of 13 September 2010 in France, France Télécom ao v Commission - Comments


Comments on Joined Cases T-425/04, T-444/04, T-450/04 and T-456/04

I. Introduction In the context of the current sovereign debt crisis, financial markets demonstrated their extreme sensitivity to the ratings issued by rating agencies, such as Moody’s and Standard & Poor’s. The judgment in France and France Télécom a.o. v Commission1 gives an interesting perspective on the meaning of advantage in the context of Article 107(1) TFEU in relation to pub


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