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General Court Statement: Court upholds decision finding longterm funding mechanism for France Télévisions compatible with internal market

( October 16, 2013, 08:03 GMT | Official Statement) -- MLex Summary: The EU's General Court has rejected a bid by French broadcaster TF1 to overturn a European Commission approval of a state aid scheme for the financing of public broadcaster France Télévisions. The scheme aimed to compensate France Télévisions for the gradual phasing-out of advertisements, by way of a tax on electronic communications services and advertising. The court ruled the commission correctly analyzed the aid and was not wrong to conclude that France Télévisions would not be overcompensated under the scheme....

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