The European Commission's campaign to prove that France Telecom benefited from illegal state aid has been slowed by objections from the Commission's own legal team, according to the Financial Times.
The EC believes that the firm received around EUR1 billion in subsidies between 1994 and 2003 as a result of favourable rates and thresholds for the taxe professionnelle levy. It has additionally suggested that the telecoms provider benefited from a less tangible form of aid when the then Finance Minister, Francis Mer pledged to maintain it as a going concern.
According to the FT, it is the latter assertion that has troubled the Commission's lawyers, who are unhappy about the attempt to place a monetary value on M. Mer's statement of support for the firm.
As a result, the business daily revealed, the case may take longer to resolve than had initially been anticipated, and a cap may be placed on the amount that France Telecom has to repay.
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