Judgment of the Court (Grand Chamber) of 6 March 2018

European Commission v FIH Holding A/S and FIH Erhvervsbank A/S

Appeal — State aid — Definition of ‘aid’ — Definition of ‘economic advantage’ — Market economy operator principle — Conditions governing applicability and application — Financial crisis — Successive bank bail outs — Whether account to be taken, in the assessment of the second bail out, of the risks arising from commitments entered into by a Member State in the first bail out

Case C-579/16 P



Top of the page Documents in the Case
Document Date Name of the parties Subject-matter Curia EUR-Lex Autres Liens
Judgment (OJ)
20/04/2018 Commission v FIH Holding and FIH Erhversbank
Judgment
ECLI:EU:C:2018:159
06/03/2018 Commission v FIH Holding and FIH Erhversbank
Judgment (Summary)
ECLI:EU:C:2018:159
06/03/2018 Commission v FIH Holding and FIH Erhversbank
Application (OJ)
16/12/2016 Commission v FIH Holding and FIH Erhversbank
Opinion
ECLI:EU:C:2017:911
28/11/2017 Commission v FIH Holding and FIH Erhversbank
Top of the page Legal analysis of the decision or of the case

Reports of Cases

published in the electronic Reports of Cases (Court Reports - general)

Subject-matter

Information not available

Systematic classification scheme

1.
4 Internal policy of the European Union
  4.09 State aid
    4.09.01 Definition of aid
      4.09.01.00 General
4 Internal policy of the European Union
  4.09 State aid
    4.09.01 Definition of aid
      4.09.01.03 Advantage conferred on an undertaking
        4.09.01.03.01 Private investor/private creditor test
          4.09.01.03.01.00 General
4 Internal policy of the European Union
  4.09 State aid
    4.09.01 Definition of aid
      4.09.01.03 Advantage conferred on an undertaking
        4.09.01.03.01 Private investor/private creditor test
          4.09.01.03.01.00 General


Citations of case-law or legislation

References in grounds of judgment

Operative part

Opinion


Dates

Date of the lodging of the application initiating proceedings

  • 16/11/2016

Date of the Opinion

  • 28/11/2017

Date of the hearing

Information not available

Date of delivery

06/03/2018


References

Publication in the Official Journal

Judgment: OJ C 161 from 07.05.2018, p.10

Application: OJ C 14 from 16.01.2017, p.28

Name of the parties

Commission v FIH Holding and FIH Erhversbank

Notes on Academic Writings

  1. van Lambalgen, R.E.: Het FIH-arrest : over de toepassing van het "Market Economy Operator Principle", Nederlands tijdschrift voor Europees recht 2018 p.111-113 (NL)
  2. Cyndecka, Małgorzata Agnieszka: The MEOP in the FIH case - Where law and economics meet, but law prevails, European State Aid Law Quarterly 2018 Vol.17, N°4 p.546-552 (EN)
  3. Idot, Laurence: Aides d'État - Opérateur privé en économie de marché, Europe 2018, Mai nº 5, Comm. 195 (FR)
  4. Billard, Olivier ; Benedetti, Julie: Quelle place pour les considérations économiques dans l'appréciation de l'existence d'un avantage?: réflexions sur la jurisprudence récente de la Cour de justice de l'Union européenne : commentaire sous les arrêts FIH (C-579/16 P), FC Barcelona/Commission (T-865/16) et Real Madrid/Commission (T-791/16), Revue des affaires européennes 2019 p.209-218 (FR)
  5. Lo Schiavo, Gianni: Examining the nature of the market economic operator test (MEO) under Article 107 TFEU: FIH Holding and FIH Erhversbank, European Law Review 2020, vol. 45, n. 4, p. 540-552 (EN)



Procedural Analysis Information

Source of the question referred for a preliminary ruling

Information not available

Subject-matter

  • Competition
  • - State aid

Provisions of national law referred to

Information not available

Provisions of international law referred to

Information not available

Procedure and result

  • Actions for annulment : dismissal on substantive grounds
  • Appeals : application granted

Formation of the Court

grande chambre (Cour)

Judge-Rapporteur

Arabadjiev

Advocate General

Szpunar

Language(s) of the Case

  • English

Language(s) of the Opinion

  • English