Not exact matches
On Tuesday, the European Commission fined the tech giant $ 14.5 billion, ruling Ireland provided
illegal state aid to Apple between 1991 to 2007.
Generally speaking, whether or not the original
aid scheme constitutes
illegal state aid (there are strong indications that it doesn't), the tribunal should have acknowledged that the claimant investor is bound by EU
state aid rules and that the satisfaction of the award is conditioned
on the Commission's finding
on the compatibility of the original scheme with EU
state aid rules.
In a nutshell, the controversy concerned the Commission's position that there is (
illegal)
State aid where the legal form and status of EICCs shield them from general rules
on bankruptcy and winding up under the relevant national legislation (in the case, French law).