CELEX: 62005TJ0424
State aid
Aid scheme established by the Italian authorities for certain undertakings for collective investment in transferable securities specialised in shares of small- and medium-capitalisation companies
Decision declaring the aid to be incompatible with the common market
Obligation to state reasons
Selective nature of the measure
Effect on trade between the Member States and distortion of competition
Article 87(3)(c) EC

ACTION for annulment of Commission Decision 2006/638/EC of 6 September 2005 on the aid scheme implemented by Italy for certain
undertakings for collective investment in transferable securities specialised in shares of small- and medium-capitalisation
companies listed on regulated markets (OJ 2006 L 268, p. 1).
Operative part
The Court:
1.
Dismisses the action;
2.
Orders the Italian Republic to pay the costs.