The European Commission has confirmed that €10m in aid for the reconstruction of a cableway on Mount Sněžka in the Czech Republic does not constitute state aid as it will not distort competition. With the exception of pedestrian paths, the cableway provides the only means of access to the protected area of the Krkonoše National Park which is subject to strict regulations for environmental and other reasons. Consequently, no other means of transport to the summit could be constructed or operated. In the absence of a competitive market for the services the funding would have no distortive effect and therefore does not constitute state aid.
Register Now As you are not an existing subscriber please register for your free daily legal newsfeed service.Register
If you have any questions about the service please contact email@example.com or call Lexology Customer Services on +44 20 7234 0606.
Support for cableway not aid
- Nabarro LLP
- Cyrus Mehta, Brian Sher and Rachel Bickler
- Czech Republic, European Union
- October 11 2010
If you are interested in submitting an article to Lexology, please contact Andrew Teague at firstname.lastname@example.org.
”Lexology is a useful and informative tool. I keep copies of relevant articles and often forward them to colleagues. Although I do not know all of the authors/firms, by reading their articles I do gain an understanding of...
”Lexology is a useful and informative tool. I keep copies of relevant articles and often forward them to colleagues. Although I do not know all of the authors/firms, by reading their articles I do gain an understanding of their appreciation of a topic, and should the need arise I would not hesitate to contact them on those topics.”
Legal Department Administrator
Jovian Capital Corporation