commiss decis juli state aid provid decre law juli draft law regular effect produc abovement decre law italian text authent eec commiss european commun regard treati establish european econom commun subparagraph articl thereof interest parti opportun submit comment pursuant articl regard comment letter date decemb italian govern notifi commiss draft law tax measur promot reorgan manufactur industri commiss request italian author letter date march inform requir assess draft law letter date april italian govern repli part question letter date italian govern commiss text decre law publish gazzetta ufficial della repubblica italiana telex massag date june offic italian perman repres answer question pose commiss answer decre law provid transfer exist compani compani creat busi busi unit relat branch compani depreci tangibl intang asset share particip interest carri compani exist time entri forc decre subject decemb system differ share particip interest receiv final assest transfer form part taxabl incom transfer compani provid enter balanc sheet shown separ head note time realiz distribut sharehold increas capit cover oper loss balanc form part taxabl incom choic transferor entir year transact take place regular instal year year transfer contribut depth restructur nation industri develop industri product cipe interministeri econom plan committe determin transfer satisfi requir increas capit compani capit exist compani set exce lit million juli italian govern adopt decre law ident content decre law publish gazzetta ufficial juli measur question constitut derog gener principl italian tax system transfer subject full taxat amount ad italian measur intend perman modif italian tax system limit oper carri decemb provid increas capit exist capit compani set exce lit million cipe determin transfer compli requir decre law ii commiss examin inform receiv accord case law court justic judgment march case requir initi articl procedur doubt preliminari examin compat propos measur common market initi procedur provid articl respect decre law reason tax measur provid law appli small number firm montedison enimont oper inform italian govern decis letter date august decis publish offici journal european commun decis commiss ask member state interest parti submit comment measur question telex messag date septemb italian govern inform commiss decid adopt decre law account object set commiss letter august letter date septemb italian govern commiss text decre law septemb urgent fiscal measur promot reorgan industri product structur rule interpret articl decre law march ratifi amend law april letter date octob commiss inform italian govern learnt italian parliament septemb refus ratifi decre law refus italian govern tabl draft law regular effect produc decre law commiss inform italian govern reason prompt initi articl procedur respect decre law extend procedur includ draft law italian govern letter date novemb challeng commiss find assur time short period end year tabl gener law tax measur applic reorgan industri structur law compli treati rule competit model propos commun direct common system taxat appli merger divis contribut asset council italian govern state contradict posit immedi tabl draft law regular effect produc decre law accord settl constitut procedur mandatori decre law ratifi letter date novemb commiss inform italian govern decid extend articl procedur initi august draft law present parliament octob essenti design safeguard provis adopt effect produc decre law decis publish offici journal european commun commiss gave notic member state interest parti submit comment measur question part set proceed initi respect decre law draft law unit kingdom govern montedison cid ital busi group submit comment copi forward italian govern letter date commiss inform italian govern comment submit italian govern respons letter novemb invit italian author submit comment make adopt final decis pursuant articl telex messag date june italian govern inform commiss draft law parliament time approv parliament time affect enimont oper compani concern montedison process adopt balanc sheet prepar irpeg incom tax legal person tax return commiss note decre law subsequ decre law ratifi parliament time limit set laps produc legal effect benefici potenti recipi decre law commiss consid procedur termin aid scheme introduc longer forc commiss consid decis draft law aim safeguard effect decre law respect transact carri short time forc septemb draft law adopt parliament brought forc firm benefit measur introduc decre law enjoi undu advantag iii draft law octob justif pursu purpos safeguard effect decre law tax measur question constitut aid mean articl reason tax measur regard state aid mean articl eec treati principl laid court justic judgment februari case confirm judgment decemb join case tax measur introduc decre law question undoubtedli confer consider advantag recipi enterpris structur appli small number oper singl oper enimont conclus base inform commiss possess fact deni italian govern commiss note cipe ascertain transfer made montedison set enimont satisfi requir laid awar cipe decis firm italian govern provid inform respect measur introduc decre law limit time concern transfer carri decemb constitut perman modif italian tax system limit provid decre law concern size compani increas capit exist compani capit compani set exce lit million tax relief envisag appli enterpris commiss note restrict refer greatli reduc scope legisl undermin claim measur gener perman recal judgment juli case court justic found partial reduct public charg devolv undertak sector industri textil case constitut aid mean articl eec treati featur italian measur gener characterist system member state italian provis automat applic cipe discretionari power ensur hand object transfer depth restructur nation industri develop industri product suffici account industri develop mezzogiorno employ aspect question environment protect opinion commiss fact cipe extrem delic respons show unequivoc high level bodi extens discretionari power incompat principl aid transpar equal treatment enterpris concern commiss principl favour merger transnat merger object whatsoev italian measur amend order bring line law member state greater lesser extent enabl merger place favour condit provid italian legisl commiss place italian legisl investig reason adopt law unfavour merger commiss intend express opinion merger oper result creation enimont assess aid grant form tax relief montedison set enimont montedison sole recipi tax relief constitut oper aid improv cash posit appreci strengthen financi posit influenc competit domest market relat italian competitor industri sector gener commun market montedison improv structur balanc sheet return asset time ad artifici asset financi gain consist suspens payment ad tax amount lit million advanc tax paid lit million conclus contest italian govern regard found commiss opinion justif argument ad pure theoret tax payabl moment ad gener return argument tax measur question improv firm liquid enabl firm avoid subject essenti tax asset commiss consid distort competit stem fact montedison avoid pai tax irrespect natur compet enterpris itali requir pai lastli commiss agre comment italian govern draft law mandatori act failur parliament ratifi decre law articl italian constitut decre longer forc law convert law sixti dai public chamber parliament enact law regul legal relationship establish decre ratifi chamber parliament discretionari power respect bound legisl order consolid provision effect decre law ratifi mention case issu concern legal relationship regul decre law provid aid unlaw grant breach articl eec treati incompat common market qualifi exempt articl discretionari power chamber parliament exercis case order render perman infring eec treati lastli fact mandatori act involv implicitli acknowledg italian govern telex messag date june state draft law ratifi parliament time benefit montedison guarante happen parliament time decid approv draft law draft law longer practic definit withdrawn govern view consider commiss consid measur introduc decre law regard gener measur grant aid mean articl small number enterpris montedison firm inform commiss carri transfer approv cipe short time decre law forc note purpos articl montedison oper chemic sector montefluo produc fluorid elastom chlorofluorin deriv peroxid himont manufactur polypropylen polym sir produc resin polyest main sharehold enimont present virtual sector chemic industri sector intra commun competit intens substanti overcapac frequent featur commun level commiss note itali export chemic product member state worth ecu million export countri valu ecu million respect figur ecu million ecu million italian import member state worth ecu million million countri amount ecu million million montedison achiev turnov lit million lit million repres sale itali lit million sale western europ clear montedison hold substanti share italian market signific presenc market member state turnov compani subsequ transfer enimont deduct total turnov montedison remain turnov lit million consider commiss opinion court rule septemb case state financi aid strengthen posit undertak compar undertak compet intra commun trade regard affect aid circumst doubt tax relief amount lit million consider strenghten montedison financi posit articl embodi principl gener prohibit aid characterist set articl present case question iv except principl provid articl inapplic aid issu natur object articl list aid consid compat common market compat treati consid commun context context singl member state order maintain properli function common market observ principl laid articl treati except provid articl constru restrict manner except applic commiss satisfi aid interplai market forc insuffici prompt potenti recipi adopt pattern behaviour serv object common interest pursu except appli except case aid serv object case aid purpos confer unfair advantag enterpris industri member state strengthen financi posit affect trade member state distort competit justif ground common interest mean articl case point italian govern unabl provid commiss find reason classifi plan aid categori exempt articl aid oper aid design financ product invest except provid articl respect aid promot facilit develop area applic except provid articl clear aid question intend promot execut import project common european interest remedi disturb italian economi except provid articl aid facilit develop econom activ clear state aid question oper aid aim financ product invest market condit relev sector ensur normal develop state aid aid justifi ground common interest adopt decis articl tax incent scheme provid draft law octob incompat common market mean articl eec treati itali implement scheme question grant tax relief respect transfer montedison firm decre law juli articl itali inform commiss month date notif decis measur compli articl articl decis address italian republ brussel juli commiss leon brittan vice presid germani commiss ecr oj oj gezamenlijk steenkolenmijnen autorità ecr commiss franc ecr itali commiss ecr philip morri commiss ecr