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EU General Court Confirms Commission State Aid Decision on Belgium's Excess Profit Rulings

22 September 2023

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Approved Changes

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European Union-Belgium

On 20 September 2023, a judgment from the General Court of the European Union was issued in regard to the January 2016 State aid decision of the European Commission finding that Belgium's excess profit rulings violated EU State aid rules. The General Court annulled the State aid decision in February 2019, but this was subsequently set aside by the Court of Justice of the European Union (CJEU), which found that the General Court had made several errors of law in its decision to annul the Commission's decision and referred the case back to the General Court. As summarized in the...