Judgment — ECLI:EU:T:2017:842
Date: 2017-11-28
Language of the case: French
Court formation: First Chamber
Subject matter: State aids;Competition
Procedure: Action for annulment - unfounded
Origin: Luxembourg

Judgment of the General Court (First Chamber) of 28 November 2017 — Steel Invest & Finance (Luxembourg) v Commission (Case T‑254/16) (State aid — Iron and steel industry — Aid granted by Belgium in favour of several undertakings in the iron and steel industry — Decision declaring the aid incompatible with the internal market and ordering its recovery — Obligation to state reasons — Concept of State aid — Advantage — Private investor test) 1. Acts of the institutions — Statement of reasons — Obligation — Scope — Commission decision on State aid (Art. 296 TFEU) (see paras 31-48) 2. State aid — Meaning — Assessment according to the criterion of the private investor — Complex evaluation of economic matters — Discretion of the Commission — Judicial review — Limits (Art. 107(1) TFEU) (see paras 58-66) Re: APPLICATION pursuant to Article 263 TFEU and seeking partial annulment of Commission Decision (EU) 2016/2041 of 20 January 2016 on State aid SA.33926 2013/C (ex 2013/NN, 2011/CP) granted by Belgium to Duferco (OJ 2016 L 314, p. 22). Operative part The Court: 1. Dismisses the action; 2. Orders Steel Invest & Finance (Luxembourg) SA to bear its own costs; 3. Orders the European Commission to bear its own costs.